Munich, February 19, 2024 – Gütt Olk Feldhaus has advised Fremman Capital on the financing of the acquisition of connexta, a buy-and-build focused IT platform serving SME customers across Germany, with strong expertise in IT infrastructure, cloud solutions and cybersecurity from its current majority shareholder, AURELIUS Wachstumskapital.
The acquisition finance was provided by H.I.G. WhiteHorse, a direct lending subsidiary of H.I.G. Capital, which provides debt financing for medium-sized companies in Europe and the USA.
Headquartered in Munich, connexta was initiated in 2019 by AURELIUS with the acquisition of ID.KOM and has since focused on a dedicated buy-and-build strategy, with 9 add-on acquisitions completed since 2019. Today, with a regional network of 12 locations across Germany, connexta has established a unique go-to-market approach offering SME clients end-to-end IT Services.
Legal advisers to Fremman Capital:
Gütt Olk Feldhaus, Munich: Dr Tilmann Gütt, LL.M. (London) (Partner, Finance, lead), Christopher Krappitz, M.A. (Senior Associate, Finance), Anja Schmidt (Associate, Finance)
About Gütt Olk Feldhaus:
Gütt Olk Feldhaus is a leading internationally active law firm based in Munich, Germany. We advise on all aspects of commercial and corporate law. The main areas of our expertise are company law, M&A, private equity and finance. We also handle litigation in these areas.