proALPHA’s Acquisition of CP Corporate Planning from HANNOVER Finanz

Milbank LLP advised HANNOVER Finanz on the deal while Sidley Austin LLP represented proALPHA.

HANNOVER Finanz announced the sale of the corporate performance management (“CPM”) software powerhouse CP Corporate Planning AG (“CP”) to proALPHA, a leading provider of enterprise-resource-planning software for small and medium-sized enterprises.

With a corporate history of more than 30 years, CP is a pioneer in CPM focusing on the DACH region (Austria, Germany and Switzerland), and a leading provider of software solutions for operational planning and integrated financial planning, as well as consolidation and reporting. The company serves more than 1,600 active customers across various industries and sizes, including well-known names such as Hellmann Worldwide Logistics, Privatmolkerei Bauer, Julius Meinl, Deutsche Flugsicherung and MLP, with its innovative solutions for flexible planning, modern analysis and individual reporting.

The Milbank team included: Michael Bernhardt (lead, Corporate/M&A, Frankfurt, Picture), Matthias Schell (Tax, Munich), Sebastian Dexheimer, Sarah-Maria Resch, Viviane Opitz (all Corporate/M&A, Frankfurt) and Odilo Wallner (Finance, Frankfurt). The Inhouse Advisor was Christina Silberberger (General Counsel and Partner).

The Sidley team was led by Nicole Janssen (Partner, Private Equity/M&A), with support from Dr. Roderic Pagel (Partner, Tax), Dr. Markus Feil (Partner, Global Finance), Dr. Matthias Annweiler (Senior Associate, Private Equity/M&A), Jörg Fischer (Senior Associate, Tax), Dr. Stefan Bührle (Senior Associate, Private Equity/M&A), Dr. Ufuk Genç (Associate, Private Equity/M&A), Jacob Schreiber (Associate, Tax), and Xenia Pisarewski (Associate, Global Finance).

Involved fees earner: Michael Bernhardt – Milbank LLP; Sebastian Dexheimer – Milbank LLP; Viviane Opitz – Milbank LLP; Sarah-Maria Resch – Milbank LLP; Matthias Schell – Milbank LLP; Odilo Wallner – Milbank LLP; Matthias Annweiler – Sidley Austin LLP; Stefan Bührle – Sidley Austin LLP; Ufuk Erdal Genc – Sidley Austin LLP; Markus Feil – Sidley Austin LLP; Jörg Fischer – Sidley Austin LLP; Nicole Janssen – Sidley Austin LLP; Roderic Pagel – Sidley Austin LLP; Xenia Pisarewski – Sidley Austin LLP; Jacob Schreiber – Sidley Austin LLP;

Law Firms: Milbank LLP; Sidley Austin LLP;

Clients: Hannover Finanz GmbH; ProALPHA Group ;

Federica Tiefenthaler

Author: Federica Tiefenthaler