Sidley advised Rivean Capital, a leading European private equity investor, on its recent acquisition of Perbility GmbH, one of the leading HCM software providers in Germany. The transaction marks another significant platform investment by Rivean Capital in the technology and software sector. Together with Perbility’s existing management team, Rivean Capital will acquire the shares from the existing majority shareholder Main Capital Partners.
The transaction is subject to merger clearance, and is expected to close in the fourth quarter of 2024.
The Sidley team was led by Private Equity/M&A partner Dr. Christian Zuleger and senior managing associate Thomas Komanek, with support from Armin Mustafić, Dr. Ufuk Genc, Valentin Specht, Philipp Barlet, Dr. Tobias Bachmeier, and Dr. Mario Hirsch (Private Equity/M&A); Dr. Markus Feil, Louise Freund, and Christian Axhausen (Global Finance); Dr. Roderic Pagel (Tax); Patrick Harrison and Bethany Wise (Antitrust and Competition); and Sven de Knop and Alessandra Moroni (Global Arbitration, Trade and Advocacy).
