GLNS has advised the shareholders of the software consulting company verovis GmbH on the merger with the digital solutions, consulting and software company valantic. With the merger of verovis and valantic, customers in the field of planning and reporting will in the future have an end-to-end solution portfolio between ERP and control processes for the digitalization of the finance function available from a single source.
Founded in 2015, verovis GmbH has become one of the leading consulting boutiques in the German-speaking region and a 'trusted partner' at CFO level within six years. Verovis is characterized by a holistic consulting approach and accompanies projects from the conception of the control logic to the implementation of company-wide database as well as software solutions. The 70 employees of verovis are mainly based in Munich, Hamburg, Düsseldorf and Berlin.
valantic is one of the fastest growing digital solutions, consulting and software companies on the market. With more than 1,400 specialized solutions consultants and developers and revenues of over 180 million euros, valantic is represented at 20 locations in Germany and eight locations internationally. Since 2019, the majority of shares in valantic have been held by Munich-based private equity investor DPE.
GLNS advised the shareholders of verovis with a team consisting of partners Dr. Reinhard Ege (Corporate/M&A/Tax; lead) and Dr. Daniel Gubitz (Corporate/M&A) and associates Eva Maier and Thomas Magosch (both Corporate/M&A).
In the area of employment law, Ingo Sappa of Staudacher Annuß was called in.
valantic was advised by the Hamburg law firm AHB Arends Hofert Bergemann with Dr. Benjamin Waitz, Jan Willers (both Corporate/M&A) and Prof. Dr. Felix Reiche (Tax). Ebner Stolz was entrusted with the tax and financial due diligence.