Waterland Private Equity’s Majority Stake Acquisition In Three IT And Cloud Specialists


Hengeler Mueller advised Waterland on its acquisition of three IT and cloud specialists.

Waterland Private Equity (“Waterland”) has agreed to acquire a majority stake in the three IT service providers Beck et al., binary and direkt gruppe. Together, these three companies will form a new platform serving the rapidly growing market of managed enterprise clouds. The new group will offer a wide range of end-to-end solutions in the areas of private cloud and public cloud in the DACH region and thus support companies in the digitalisation of business processes and on their journey to the cloud. Waterland is acquiring the stakes from the respective founders of the three companies, all of whom will reinvest significantly into the new group and remain on board in management positions.

Hengeler Mueller advised Waterland on all three transactions. The team is led by partner Daniel Wiegand (Picture) and includes partners Daniel Möritz (M&A), Matthias Scheifele (Tax) (all Munich), Thorsten Mäger (Antitrust, Düsseldorf), Christian Hoefs (Employment, Frankfurt) and Vera Jungkind (Public Law), Counsel Patrick Wilkening (IP/IT) (both Düsseldorf) as well as associates Elisabeth Kreuzer, Florian Dendl, Florian Braun, Daniel Blagojevic, Niels Christian Schwaiger, Maximilian Schlüter, Antonia Wegener (all Corporate/M&A), Marius Marx, Tobias Schwab (both Tax) (all Munich), Anne Broll (Employment, Frankfurt), Anja Balitzki (Antitrust), Matthias Rothkopf (IP/IT) and Carsten Bormann (Public Law) (all Düsseldorf).

Involved fees earner: Anja Balitzki – Hengeler Mueller; Daniel Blagojevic – Hengeler Mueller; Carsten Bormann – Hengeler Mueller; Florian Braun – Hengeler Mueller; Anne Broll – Hengeler Mueller; Florian Dendl – Hengeler Mueller; Christian Hoefs – Hengeler Mueller; Vera Jungkind – Hengeler Mueller; Elisabeth Kreuzer – Hengeler Mueller; Thorsten Mäger – Hengeler Mueller; Marius Marx – Hengeler Mueller; Daniel Möritz – Hengeler Mueller; Matthias Rothkopf – Hengeler Mueller; Matthias Scheifele – Hengeler Mueller; Maximilian Schlüter – Hengeler Mueller; Tobias Schwab – Hengeler Mueller; Niels Christian Schwaiger – Hengeler Mueller; Antonia Wegener – Hengeler Mueller; Daniel Wiegand – Hengeler Mueller; Patrick Wilkening – Hengeler Mueller;

Law Firms: Hengeler Mueller;

Clients: Waterland Private Equity;