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.

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

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