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Deloitte Legal advises low-code platform operator Simplifier AG on growth financing

The Deloitte Legal team led by Corporate/M&A partners Michael von Rüden and Thilo Hoffmann (Düsseldorf) has advised Würzburg-based software producer Simplifier AG on a growth financing round.

With its low-code platform Simplifier, Simplifier AG offers a solution for the sustainable digitalization of business processes. Without extensive programming knowledge, existing system landscapes, machines and systems can be integrated and applications can be created independently of devices and operating systems in order to digitize individual business applications in a user-friendly way.

Through its group company PwC Holdings Germany GmbH, the auditing and consulting firm PwC has acquired an equal stake in Simplifier AG as a minority shareholder together with smart shareholder Possehl Digital GmbH.

With this partnership and the addition of Possehl and PwC as shareholders, Simplifier is taking an important step in its growth strategy to become Europe's leading low-code provider. With this investment, PwC further expands its growing investment portfolio in the area of IoT ecosystems. Possehl Digital GmbH expects the investment to generate synergies for the Possehl Group in order to be able to offer the right building block for the digital transformation of medium-sized companies with the help of Simplifier.

Deloitte Legal provided comprehensive legal transaction advice to Simplifier AG in the context of the transaction and is further expanding its venture capital practice with this transaction.

Advisor Simplifier AG:

Deloitte Legal: Dr. Michael von Rüden, LL.M., Thilo Hoffmann, LL.M. (both partners, both lead), Niko Jakovou (partner, stock corporation law), Christoph Meves (senior associate), Maximilian Giepmann (associate) (all Corporate/M&A, all Düsseldorf).

 

 

Published: March 2023

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