Deloitte Legal advises Pro4all on strategic combination with PMG

A Deloitte Legal team around Max Lüerßen (Counsel) and Felix Felleisen (Partner, both Corporate/M&A, Düsseldorf) has advised Main Capital portfolio company Pro4all on its strategic combination with PMG, a Munich based German software provider. Pro4all is a Netherlands-based leader in document management quality assurance and proactive risk management solutions for the construction industry. The strategic combination with PMG marks the first step in the international buy-and-build strategy of Pro4all since its management teamed up with the strategic software investor Main Capital Partners.

PMG, established in 2009 and headquartered in Munich, Germany, is a prominent software provider for the construction and real estate industry. Their main product PAVE is a SaaS collaboration-platform for the entire life cycle of a construction project. The core of PAVE is a comprehensive Common Data Environment (CDE), which is supplemented with modules such as workflows, project management, BIM, ESG and cost control. PMG supports more than 250 construction and real estate companies, mainly in the DACH region, who are currently working on more than 1.000 projects with PAVE.

Through the combination of Pro4all and PMG, the combined group will have a diversified customer base of more than 1,000 construction and real estate stakeholders. With strong market presence in the Benelux and DACH regions, the company has a solid customer base with an international perspective which can be leveraged to expand into other European countries. Additionally, the organizations foresee opportunities for a strong and unique combined product proposition which is well positioned to help the construction industry with the digitization process. The combined group currently employs 100 people in total.

The team led by Düsseldorf-based Deloitte Legal attorneys Felix Felleisen and Max Lüerßen has advised Main Capital on a number of platform and add-on transactions and exits since 2015. In the context of the strategic combination of Pro4all and PMG, they could in particular build on and make use of their experience and expertise in dealing with Dutch/German constellations as well as their team’s intercultural and language skills, which include proficiency in Dutch/Dutch native speakers.

Advisors 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); Nicole Deneke, Nicole Rurik (Associates, Corporate/M&A, Düsseldorf), Leonie Onkelbach (Associate, Employment Law, Düsseldorf).
 

^{Published: April 2023}