Bregal acquires Communardo: the advisors
Advestra advised European private equity investor Bregal Unternehmerkapital (“Bregal”), together with Paul Hastings in Germany, on the acquisition of Communardo Group (“Communardo”) from, inter alia, Prom12 Capital Fund I, advised by Loyens Loeff. The acquisition is subject to customary merger clearance and is expected to close in October 2024. Gütt Olk Feldhaus advised Prom12 and the other shareholders as German lead counsel.
Loyens Loeff team
Loyens Loeff advised Prom12 and other shareholders with a Swiss multidisciplinary team consisting of corporate / M&A partner Marco Toni, partner Fabian M. Sutter, senior associate Gilles Pitschen, associate Leonard Baumann, associate Donika Morina, associate Melanie W., junior associate Jane Zurbrügg, junior associate Julia Bischof, associate Pascal Hammerer, and junior associate Nicola Dahle.
Advestra’s team
Advestra’s team includes Beda Kaufmann (pictured below), Daniel Raun, Fabian Loretan and Valérie Bayard (all corporate | M&A).
Paul Hastings team
The Paul Hastings team in Frankfurt was led by private equity/M&A partner Dr. Christopher Wolff and included private equity/M&A partner Christian Müller, finance partner Dr. Melchior Raiser, real estate partner Dr. Jan Gernoth, and private equity/M&A associates Julian Schmitz, Mahmood Kawany, and Carl Kostelezky as well as real estate associate Johanna Mayer. tax advice was provided by Uwe Halbig.
Communardo Group
Communardo is a leading DACH-focused service provider in Atlassian (Platinum status) and Microsoft modern workplace solutions for upper mid-market and enterprise customers. Communardo provides end-to-end services across four revenue streams: professional services (e.g., training, implementation, migration, and change and adoption management), license re-selling, iii) managed services, and iv) own software apps. Communardo currently employs over 320 people at ten locations in Germany, Austria, Switzerland, and Albania.
Bregal
Bregal is the largest midcap investor headquartered in the DACH region, with a total of EUR 7 billion in capital raised since its establishment. The funds advised by Bregal invest in medium-sized companies based in Germany, Switzerland, Italy, and Austria.
