McDermott Advises nyxmo LAB on Sale of its Shares in flux.connect

Overview


McDermott Will & Emery has advised nyxmo LAB GmbH on the sale of its stake in flux.connect GmbH to Beneficio Invest GmbH.

flux.connect GmbH has developed the server- or cloud-based platform « flux.connect ». The platform enables communication between connected devices such as POS systems, booking platforms or POS payment terminals and providers of additional services. As a result, POS payment terminals can also be controlled by a POS system (terminal cash integration) or a booking system.

nyxmo LAB, based in Munich, Germany, develops software for point-of-sale solutions such as card and online payment, loyalty and digital cash code systems.

The team around partner Michael Cziesla has recently advised on a number of tech transactions, most recently Investcorp on the acquisition of a stake in the Contentserv Group.

The McDermott team was led by Michael Cziesla, Norman Wasse and included Heiko Kermer and Marion von Grönheim.

About McDermott


McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With 20 locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective – and often unexpected – solutions that propel success. More than 1,100 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

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