Pinova Capital’s Acquisition of Raynet GmbH

B2RLaw advised PE fund Pinova Capital, while Luther advised the shareholders of the software manufacturer Raynet GmbH.

Raynet GmbH, the global software vendor offering market-leading solutions and IT service provider in the field of Enterprise Software Management based in Paderborn, Germany, is embarking on a growth strategy with PINOVA CapitaL as an investor by its side.

PINOVA Capital is an independent private equity firm that invests in high-growth technology companies in German-speaking regions. The deal enables Raynet to drive international growth and deliver its high-end solutions and products and its impressive portfolio of services for existing and potential customers to the market with accelerated speed.

As an innovative industry leader in Technology Asset Inventory, Software Packaging and Unified Endpoint Management, this partnership marks the beginning of a new era for Raynet. An era during which an ambitious growth strategy will now be consistently implemented after reaching a solid market position by the substantiated development of best-of-breed products and their placement on the market.

PINOVA Capital is an independent private equity firm investing in high-growth technology companies in German-speaking regions. PINOVA Capital focuses on “Mittelstand” companies with sales between €10 million and €75 million in the sectors industrial technology and information technology, characterized by significant growth potential, sustainable competitive advantages and a strong market position in their niche.

Raynet is a globally active software manufacturer and service provider with more than 100 highly qualified employees. Headquartered in Paderborn (Germany), Raynet additionally has branches in Germany, the United States, Poland and the UK. Raynet has received several awards in recent years, for example in the renowned Gartner Magic Quadrant.

The Luther team was led by Dr Stefan Galla (Picture) and Dr Cédric Müller and further included Dr Philipp Honisch, Alexander Masson, Klaus Thönißen, Dr Michael Rath and Daniel Lehmann.

The B2RLaw’s team was led by Agnieszka Hajos-Iwanska and included Joanna Markowicz-Maciocha and Dominika Guzek.

Involved fees earner: Dominika Guzek – B2RLaw; Agnieszka Hajos-Iwanska – B2RLaw; Joanna Markowicz – B2RLaw; Stefan Galla – Luther Rechtsanwaltsgesellschaft mbH; Philipp Honisch – Luther Rechtsanwaltsgesellschaft mbH; Daniel Lehman – Luther Rechtsanwaltsgesellschaft mbH; Alexander Masson – Luther Rechtsanwaltsgesellschaft mbH; Cédric Müller – Luther Rechtsanwaltsgesellschaft mbH; Michael Rath – Luther Rechtsanwaltsgesellschaft mbH; Klaus Thönißen – Luther Rechtsanwaltsgesellschaft mbH;

Law Firms: B2RLaw; Luther Rechtsanwaltsgesellschaft mbH;

Clients: PINOVA Capital; Raynet GmbH;

Author: Federica Tiefenthaler