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Latham Advises DBAG Funds on Sale of Shares in Solvares

April 17, 2024
Corporate team represents investment firm in the transaction.

Latham & Watkins has advised DBAG ECF III, advised by Deutsche Beteiligungs AG (DBAG), on the sale of a significant stake in Solvares, a leading provider of Field Service Management, Field Sales Management, and Transport Management & Logistics solutions. Five Arrows joins as a partner to support the company’s future growth journey. DBAG and DBAG ECF III remain significant shareholders as part of the transaction.

Latham & Watkins regularly advises DBAG funds and its portfolio companies on transactions, most recently on the sale of the shares in Heytex.

The Latham team was led by Munich partner Rainer Traugott, with Frankfurt partner Leif U. Schrader and Munich associates Corinna Freudenmacher, Chris Freitag, and Maximilian Kuchernig. Advice was also provided on tax matters by Munich partner Ulf Kieker, with associate Manuela Minsel.