Ashurst advised Credit Suisse and Patrimonium Asset Management AG (Patrimonium) as lenders on the financing of the acquisition of Gesellschaft für Organisation und Datenverarbeitung mbH (GOD) by Waterland Private Equity (Waterland).
Waterland Private Equity is entering into a partnership with GOD. The service portfolio of the software developer will be expanded through targeted acquisitions as part of a buy & build strategy.
Headquartered in Braunschweig, GOD is a leading provider of customised enterprise IT and software solutions, particularly in the segment of complex supply chains and production processes. The independent private equity investment group Waterland manages more than €8bn of investor commitments and has made investments in over 700 companies to date. Waterland has extensive experience in digitalisation and the IT and telecommunications sectors.
The Ashurst team was led by partner Anne Grewlich. She was assisted by counsel Dr Philipp Vorbeck, associate Emilie Veyran-Müller and transaction lawyer Ena Selimbegovic (all Global Loans). Counsel Martina Rothe provided advice on corporate law aspects. Senior associate Christian Sotta advised on tax law.
Ashurst regularly advises Credit Suisse and Patrimonium in the context of acquisition financings.
