Mitratech Inc.’s Acquisition Of RegTech Alyne

Simmons & Simmons has advised US headquartered Mitratech on the deal. Bird & Bird has advised the founders of Alyne.

Mitratech on the acquisition of Alyne Group including its operations in the US, Australia and UK. Closing is subject to customary approvals. The deal was completed by the German and UK offices leady by corporate partner Stephan Ulrich with the support of corporate supervising associate Sabine Krause and corporate associate Michael Surmann.

Mitratech is a global leading technology provider for legal and compliance software. Serving 1,200 organizations of all sizes across the globe, Mitratech represent almost 40% of the Fortune 500 and over 500,000 users in over 160 countries.

Alyne is a Munich based cutting edge digital governance, risk management and compliance plat form provider. By providing content centered, next generation artificial intelligence RegTech software the company enables organisations to mature their cyber security, risk management and compliance capabilities.

Simmons’ Lead partner Stephan Ulrich (Picture) provided advice on the deal.

The founders, Karl Viertel, Stefan Sulistyo, Manuel Reil and Matthias Danner, of Alyne GmbH were advised by the following Bird & Bird lawyers: Partner Stefan Münch (Picture), counsel Michael Gassner and associate Daniel Gloor, (all Corporate/M&A, Munich).

 

Involved fees earner: Michael Gaßner – Bird & Bird; Daniel Gloor – Bird & Bird; Stefan Münch – Bird & Bird; Stephan Ulrich – Simmons & Simmons;

Law Firms: Bird & Bird; Simmons & Simmons;

Clients: Karl Viertel; Manuel Reil; Matthias Danner; Mitratech Holdings Inc.; Stefan Sulistyo;

Author: Giulia Di Palma