Deloitte Legal advises Main Capital on acquisition of a majority stake in financial services software provider FOCONIS
A Deloitte Legal team around Felix Felleisen (Partner, Corporate/M&A, Düsseldorf) and Max Lüerßen (Counsel, Corporate/M&A, Düsseldorf) has advised strategic software investor Main Capital on its investment in financial services software provider FOCONIS.
FOCONIS is a leading provider of data quality, control and compliance software for banks, designed to support financial institutions with internal reporting systems and to meet regulatory requirements, primarily addressing banks in the German-speaking region. Amongst the 600+ clients of the company, saving banks (Sparkassen) and cooperative banks (Genossenschaftsbanken) are in the majority next to private banks and associations. Main Capital will actively support FOCONIS and its management team in leveraging its existing market position and continuing its strong growth path by further expanding into adjacent customer segments with high regulatory and data quality requirements. Besides organic growth initiatives, selective add-on acquisitions will be an important growth pillar in the partnership, enhancing the value proposition for FOCONIS’ customers further.
Felix Felleisen and Max Lüerßen have been advising Main Capital on a variety of platform and add-on transactions ever since Main Capital started its expansion into the German market. Deals that the Düsseldorf-based Deloitte Legal practitioners have advised on include investments in fast-growing German software and SaaS companies such as b + m Informatik (financial services), artegic (marketing automation), JobRouter (process automation), Cleversoft (GRC for financial services), HYPE Innovation (innovation management / collaboration), GBTEC (process automation / workflow management/ GRC), Onventis (procurement & invoice management), and HLP Informationsmanagement (idea and innovation management software).
“Max and Felix are extremely responsive and managed to cope with our ambitious timelines in an excellent manner.” says Sven van Berge Henegouwen (Partner & Head of Main Capital Partners DACH). “With their mix of collaborative approach and execution capabilities, they are great to team up and work with - and contribute their experience, also in dealing with W & I Insurance issues”.
Advisors to Main Capital:
Deloitte Legal: Max Lüerßen (Counsel, Corporate/M&A, Düsseldorf, Lead), Felix Felleisen (Partner, Corporate/M&A, Düsseldorf Co-Lead); Frauke Heudtlass (Partner, Employment Law, Düsseldorf); Dr. Fleur Johanna Prop, LL.M. (Counsel, Corporate/M&A, Düsseldorf), Alexander Roehl, LL.M. (Associate, Corporate/M&A, Düsseldorf); Leonie Onkelbach (Associate, Employment Law, Düsseldorf)
Advisors to FOCONIS shareholders:
POELLATH: Philipp von Braunschweig (Partner, Corporate/M&A, Munich, Lead), Dr. Nico Fischer (Partner, Tax Law, Munich), Andrea Streifeneder, (Associate, Corporate/M&A, Munich)
Risk Assesment | Integration and Legal Entity Reduction