Advestra with Unifiedpost Group on the acquisition of Crossinx
Advestra advised Unifiedpost Group (Unifiedpost) on the acquisition of crossinx GmbH, the leading German digital document exchange provider.
The merger of the two fintechs means that the combined company can now offer order-to-cash and procure-to-pay end-to-end solutions for small businesses, mid-sized companies and large enterprises. Unifiedpost thus gains access to the entire D‑A-CH region as well as Hungary.
The purchase price is up to EUR 160 million, including earn-out payments of up to EUR 60 million. Of this amount, EUR 50 million is initially payable in Unifiedpost shares.
Advestra acted as Swiss Counsel on the transaction. Lead counsel was Linklaters, Frankfurt. The Advestra team consisted of Sandro Fehlmann, Thomas Reutter and Annina Hammer (all Corporate | M&A and Financial Services).
Unifiedpost Group is a leading European fintech company in cloud-based platforms for administrative and financial services.
