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Latham & Watkins Advises Bregal Unternehmerkapital on Investment in BSI Software

July 9, 2024
Private equity team advises leading DACH investor on the transaction.

Latham & Watkins LLP advised funds managed by Bregal Unternehmerkapital (BU) on the acquisition of a majority stake in the Baden-based company BSI Software AG (BSI). BSI is a leading provider of software solutions for Customer Relationship Management (CRM) and Customer Experience (CX) in its focus industries. As part of BU's investment, Capvis Equity V LP, a fund advised by the Swiss firm Capvis AG, sold its shares after a successful four-year partnership with BSI. The BSI management team remains invested and will continue its successful collaboration with BU. The parties have agreed not to disclose the financial terms of the transaction. The completion of the transaction is still subject to the approval of the relevant authorities.

Latham & Watkins regularly advises Bregal Unternehmerkapital on transactions, most recently on a strategic partnership with Billbee.

The Latham team was led by Frankfurt private equity partner Oliver Felsenstein, with partner Susanne Decker and associates Dominik Waldvogel, Julia Schöfer, Maximilian Kuchernig, and Annika Bilics. Advice was also provided on tax matters by Munich partner Stefan Süß and associate Johannes Lieb; on real estate matters by Frankfurt counsel Sven Nickel and associate Marie-Christine Welp; on regulatory matters by Frankfurt counsel Joachim Grittmann; on compliance matters by Hamburg counsel Stefan Bartz, and on employment matters by Munich counsel Florian Dehmel.