Skaylink’s Acquisition of cVation

Plesner advised the sellers of cVation A/S on the deal. Hengeler Mueller advised Skaylink on the transaction.

The Danish cloud company cVation A/S has been sold to the German company Skaylink GmbH.

cVation was founded in 2014 and specialises in developing cloud solutions in Microsoft Azure. cVation is considered a leading player in Denmark within the field of development of cloud solutions.

Founded in 2021, Skaylink is a managed cloud services platform headquatered in Munich. Skaylink is a leading service provider in cloud and digital transformation. Skaylink’s global team consists of over 500 cloud experts.

By combining the resources and knowledge of cVation and Skaylink, existing customers will benefit from new competencies within cloud services. With the sale of cVation to Skaylink, Skaylink is now one step closer to its goal of becoming the leading provider of cloud services in Europe. Further, the transaction allows for Skaylink to effectively enter the Danish market and thus gain foothold in the Nordic region.

The Plesner team consisted of Brian Bundgaard (Picture), Christian Ånerud and Emilie Appelrod.

The Hengeler Mueller team included partner Elisabeth Kreuzer (M&A, Munich) as well as associates Daniel Blagojevic (M&A, Munich) and Henning Hilke (Financing, Frankfurt).

Involved fees earner: Brian Bundgaard – Accura; Daniel Blagojevic – Hengeler Mueller; Henning Hilke – Hengeler Mueller; Elisabeth Kreuzer – Hengeler Mueller; Christian Ånerud – Plesner; Emilie Appelrod – Plesner;

Law Firms: Accura; Hengeler Mueller; Plesner;

Clients: cVation A/S; Skaylink GmbH;

Federica Tiefenthaler

Author: Federica Tiefenthaler