LEA Partners’ Investment in PROCAD

Bryan Cave Leighton Paisner’s Corporate, Venture Capital and Technology Team provided comprehensive legal advice to LEA Partners, its LEA Mittelstandspartner Fund and the management team, as it acquired PROCAD GmbH & Co. KG via a succession arrangement. Volker Wawer, founder and previously the sole shareholder of PROCAD, will continue to serve the company as a managing partner. With this investment PROCAD accelerates the development toward a digitalization platform for product- and document lifecycle management as well as international growth.

PROCAD GmbH & Co. KG is a German software manufacturer specializing in platform solutions for the digitalization of product and document lifecycle management in mid-sized companies. PROCAD’s mission is to deliver impactful digitalization strategies mainly for the mechanical and plant engineering sectors based on its highly configurable PRO.FILE, PRO.CEED and PROOM software solutions and an implementation approach that is tailored to the needs of mid-sized companies. Founded in 1985 in Karlsruhe, Germany, the company has more than 130 employees today. Over 650 technical companies have come to rely on PROCAD software for their PDM, PLM and DMS needs.

LEA Partners is an entrepreneurial-minded, multistage private equity firm investing in growth technology companies that are driving transformative change in their industries. Founded in 2002, LEA Partners has advised on the investment in more than 40 companies and operates out of Karlsruhe, one of Europe’s largest technology clusters, its mission is to fund and support ambitious founders and executives by leveraging them with practical, hands-on growth expertise to achieve market leadership.

Bryan Cave Leighton Paisner advised LEA Partners with a team including Tobias Fenck (Picture), Christian Müller, Robert Schindler, Markus Beyer (M&A), Sandra Pfister, Partner (Corporate Finance)

Dominik Weiß, Counsel (IP) and Reinhard Bunjes, Associate (Corporate Finance).

Involved fees earner: Tobias Fenck – Bryan Cave Leighton Paisner; Christian Müller – Bryan Cave Leighton Paisner; Robert Schindler – Bryan Cave Leighton Paisner; Markus Beyer – Bryan Cave Leighton Paisner; Sandra Pfister – Bryan Cave Leighton Paisner; Reinhard Bunjes – Bryan Cave Leighton Paisner; Dominik Weiß – Bryan Cave Leighton Paisner;

Law Firms: Bryan Cave Leighton Paisner;

Clients: LEA Partners;