LEA Partners GmbH’s Majority Stake Acquisition in Base-Net Informatik

Milbank and Advestra represented funds advised by LEA Partners GmbH on the deal.

Funds advised by LEA Partners GmbH announced the acquisition of a majority stake in Base-Net Informatik AG, the Swiss market leader for credit and mortgage management software.

With the acquisition of Base-Net Informatik AG, LEA Partners GmbH is taking the next step in building a leading financial services software platform in in the DACH region. The previous shareholders around founder Stefan Hermann are retaining part of their shares and are thus continuing their involvement in the future growth of the platform.

With its WinCredit software, Base-Net Informatik AG – which was founded 1994 and is headquartered in Sursee in the canton Lucerne – is the leading Swiss provider for credit and mortgage management. Today, over 400 banks, insurance companies, pension funds and financial intermediaries are using the company’s software products. In addition, Base-Net Informatik AG is developing and operating a state-of-the-art platform for credit and mortgage refinancing.

The WinCredit modular software suite is an end-to-end solution that spans from credit application and account management to refinancing. Furthermore, WinCredit offers an automated interface to third-party systems such as the land register. The most recent, web-based product generation, WinCredit 3, is setting new market standards, especially in the field of automation and connectivity. It is currently being rolled out among Base-Net’s customers.

LEA Partners GmbH is an entrepreneurial-minded multi-stage private equity firm investing in growth technology companies that are driving transformative change in their industries. Operating out of Karlsruhe, home to one of Europe’s largest technology clusters, LEA Partners GmbH has advised on the investment of numerous technology companies since 2002.

The Milbank team led by Michael Bernhardt (Corporate/M&A, Frankfurt, Picture) includes Sebastian Dexheimer, Johannes Wohlmuth, Steffen Post (all Corporate/M&A, Frankfurt), Matthias Schell and Arne Hammerich (both Tax, Munich).

The Advestra team con­sisted of Beda Kaufmann, Anna Capaul and Alex­an­der von Jein­sen (all Cor­por­ate | M&A) and Laurent Ried­weg (Tax).



Involved fees earner: Anna Capaul – Advestra; Beda Kaufmann – Advestra; Laurent Ried­weg – Advestra; Alex­an­der von Jein­sen – Advestra; Michael Bernhardt – Milbank LLP; Sebastian Dexheimer – Milbank LLP; Arne Hammerich – Milbank LLP; Steffen Post – Milbank LLP; Matthias Schell – Milbank LLP; Johannes Wohlmuth – Milbank LLP;

Law Firms: Advestra; Milbank LLP;

Clients: LEA Partners;

Author: Martina Bellini