News
Freshfields advises Goldman Sachs and Berenberg on financing an acquisition by Bregal
Global law firm Freshfields has advised Goldman Sachs Asset Management International and Joh. Berenberg, Gossler & Co. KG as the financing providers in connection with a first out / second out acquisition financing. The transaction concerns BSI Software Group which has been acquired by the private equity firm Bregal Unternehmerkapital. The parties agreed not to disclose any further details on the financing.
For more than 25 years, BSI has been providing innovative software solutions for companies that strive to lead the way in digitalisation and customer centricity. More than 500 employees work ‘with heart and soul’ for their customers and the ‘BSI Customer Suite’, which now comprises seven integrated products. The modern cloud solution is primarily used by sophisticated customers from the financial services, insurance, energy & utility, and retail sectors to digitise relationships with millions of end customers in a customer-oriented, efficient and intelligent way. The BSI Customer Suite comes with an Industry Cloud that integrates in-depth industry knowledge with specific processes and regulations into the software. The software and data are stored in Swiss or German data centres.
The Freshfields team was led by Partner Michael Josenhans (Frankfurt) and also included: Counsel Alexander Pospisil (Berlin), Associate Aleksandar Djurdjevic (Frankfurt, all Finance) and Transaction Lawyer Maria Noriega Quintana (Hub, Berlin). Our StrongerTogether partners Niederer Kraft Frey in Switzerland and Arendt & Medernach in Luxembourg also advised the financing providers as local counsel.
For media inquiries, please contact presse@freshfields.com.
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