Lenz & Staehelin advised KKR in the sale of its shares in SoftwareOne
Lenz & Staehelin advised global investment firm KKR and the heirs of Patrick Winter on a share sale and placement of approximately 8.6 million shares in SoftwareOne Holding, the provider of end-to-end software and cloud technology solutions headquartered in Switzerland and listed on the SIX Swiss Exchange.
The sale and placement with a market value of approximately CHF 215 million was effected pursuant to a block trade with J.P. Morgan Securities plc who placed the shares on the market in an accelerated book build.
KKR first invested in SoftwareONE in November 2015, acquiring a 25% minority stake alongside the company’s founders and management team. The sale is scheduled to close on September 10, 2021. By the transaction, KKR is successfully exiting its six-year investment in SoftwareONE.
The Lenz & Staehelin team advising KKR consisted of partner Matthias Wolf (pictured) and senior associate Patrick Schärli.
