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