The MAIT Group, headquartered in Rottweil, Germany, provides innovative and pioneering digital solutions in product lifecycle management (“PLM”), enterprise resource planning (“ERP”) and IT services. MAIT is uniquely positioned at the intersection of PLM, ERP and managed IT services and has significant penetration growth potential. It differentiates itself by looking at digitisation in a holistic way and developing tailored solutions in partnership with its customers and operates in an attractive market which is expected to continue to grow considerably. To take advantage of growth opportunities, medium-sized companies in particular are investing significantly in digital transformation in order to make their processes more efficient and effective.
The financing caters for committed and uncommitted acquisition and capex facilities to provide resources to realise the growth potential of MAIT, including by pursuing multiple strategic M&A opportunities in a highly fragmented market.
Clifford Chance is regularly advising debt funds on unitranche and combined unitranche/super senior financings and has extensive experience on structuring these transactions to the specific needs of the involved parties.
Clifford Chance has advised Alcentra on other financings in the past (including recently in relation to Ardian’s acquisition of the GBA Group).
The Clifford Chance team advising Alcentra on the financing of this transaction comprised partner Steffen Schellschmidt and counsel Christoph Nensa (both Finance, Frankfurt,) as well as partner Frederik Mühl and senior associate Maria-Franziska Röntsch (both Corporate/Private Equity, Frankfurt) and was assisted by partner Martin Ebner and associate Wolfgang Hellsberg from Schoenherr Rechtsanwälte in relation to Austrian law advice
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
