Tech Mahindra’s Acquisition of Lineas Informationstechnik And Beris Consulting

Esche advised the shareholders of Lineas Informationstechnik, Dr. Michael Goldapp and the holding Lineas Systeme GmbH. Osborne Clarke has advised Tech Mahindra GmbH.

Indian-based Tech Mahindra (NSEI:TECHM), an internationally operating IT services and solutions provider, has acquired 100% of German-based companies Lineas Informationstechnik (Lineas) and Beris Consulting (Beris).

Headquartered in Braunschweig and Wolfsburg, Beris and Lineas are IT focused consultancies, advising their clients throughout the entire lifecycle of IT systems, from planning to development and implementation. The service offering includes process and technology consulting, system integration and operation of standard software products, individual software development and embedded systems engineering. With over 125 consultants, Lineas and Beris mainly work with clients in the automotive sector.

The acquisition will help TechM unlock the transformational growth in the IT and application space for the automotive industry as a result of EV, sharing and mobility.

The ESCHE team was led by Partner Dr. Klaus Kamlah (Picture) and included Dr. Götz Triebel (M&A/Corporate) and Caroline Kaufhold (M&A/Corporate).

The team advising Tech Mahindra GmbH in the present transaction was led by Rouven Siegemund and Rudolf Hübner (both Corporate) and further consisted of Dr Timo Karsten, Jörg Puppe (formerly OC), Karin Sültrop and Dr. Viktoria Winstel (all Employment), Dr Sebastian Hack and Marco Aatz (both Merger Control Law), Dr Christoph Torwegge and Felix Jaeger (both FDI) Ulrich Bäumer, Anne Leßner, Felix Hänel, Johanna Bast and Teresa Fonte (all IT Law).  

Involved fees earner: Klaus Kamlah – Esche Schümann Commichau; Caroline Kaufhold – Esche Schümann Commichau; Götz Triebel – Esche Schümann Commichau; Jan Marco Aatz – Osborne Clarke; Johanna Bast – Osborne Clarke; Ulrich Bäumer – Osborne Clarke; Teresa Fonte – Osborne Clarke; Sebastian Hack – Osborne Clarke; Felix Hänel – Osborne Clarke; Rudolf-Matthias Hübner – Osborne Clarke; Felix Jaeger – Osborne Clarke; Timo Karsten – Osborne Clarke; Jörg Puppe – Osborne Clarke; Rouven Siegemund – Osborne Clarke; Karin Sültrop – Osborne Clarke; Christoph Torwegge – Osborne Clarke; Viktoria Winstel – Osborne Clarke; Anne Leßner – Vogel Heerma Waitz;

Law Firms: Esche Schümann Commichau; Osborne Clarke; Vogel Heerma Waitz;

Clients: LINEAS Systeme GmbH; Michael Goldapp; Tech Mahindra;

Author: Federica Tiefenthaler