Latham & Watkins LLP has advised the investors of LeanIX, a leading company in the field of Enterprise Architecture Management (EAM), on the sale of LeanIX to SAP. LeanIX’s software-as-a-service offering enables more than 1,000 customers globally to visualize their entire IT application landscape, uncover applications in danger of becoming obsolete, facilitate the design of a target state, and help plan new architectural road maps. The transaction is expected to close in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
Latham represented the investors in the transaction with a corporate team led by London/Paris partner Thomas Forschbach and Frankfurt partner Maximilian Platzer with New York partner Michael Anastasio and Frankfurt associates Dominik Waldvogel, Annika Bilics, Michele Maurice Stephan, Lennart Werbeck, and Nils Horst. Advice was also provided on tax matters by Hamburg partner Verena Seevers, New York partner Austin Ozawa, Silicon Valley partner Katharine Moir, Chicago counsel Leah Segall and Munich associate Johannes Lieb; on antitrust matters by Frankfurt partner Max Hauser, London partner Jonathan Parker with Hamburg associate Nicolas Jung; on corporate/IP matters by Paris partner Jean-Luc Juhan with Frankfurt associate Daniela Jaeger; on data privacy matters by Frankfurt counsel Wolf-Tassilo Böhm; on employment matters by Munich counsel Florian Dehmel.