Düsseldorf, 15 September 2020 – McDermott advised Main Capital Partners on the acquisition of MACH AG, a market leading software vendor for the German government sector. The founding family Müller-Ontjes remains on board as active owner. The joint strategy will focus on extending the company’s product and technology offering by further expanding through both organic and new initiatives.
MACH AG, founded in 1985 and headquartered in Lübeck, Germany, is specialized in the digitization of public administration. The company offers software, consulting and hosting services for more than 100,000 users in federal and state authorities, municipalities, church administrations, teaching and research institutions, as well as non-governmental organizations. With more than 400 employees MACH AG, achieves €44 million in revenues.
Main Capital Partners is a strategic investor with focus on the software sector in the Benelux, DACH and Nordics, with offices in The Hague, Düsseldorf and Stockholm. With a long term horizon around successful partnerships with management teams, the company aims on building larger software groups together. Main Capital Partners has approximately €1 billion in assets under management for investments in mature and growing software companies.
McDermott and the team around financing specialist Dustin Schwerdtfeger have previously advised Main Capital Partners on acquisition financing. But this transaction is their first M&A transaction as lead counsel. Main Capital Partners relied on the experienced team around private equity specialist Norman Wasse, who regularly advises transactions in the IT/software sector, most recently Investcorp Technology Partners on the acquisition of Contentserv-Group and the cybersecurity company Avira.
The McDermott team was led by Dustin Schwerdtfeger, Norman Wasse, Dr. Kian Tauser, Dr. Nils Christian Wighardt, Marcus Fischer, Dr. Gudrun Germakowski, Dr. Thomas Gennert, Daniel von Brevern, Dr. Maximilian Clostermeyer, Dr. Alexa Ningelgen, Dr. Christian Masch, Dr. Marion von Grönheim, Tobias Riemenschneider, Isabelle Müller, David Schäfer, Dr. Florian Schiefer, Julian Jäger, Tina Zeller, Mirjam Büsch, Lene Niemeier
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With 21 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 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
MARC DONFRANCESCO+44 20 7577 3432