Munich, 19 December 2024 - The commercial law firm Gütt Olk Feldhaus has advised Harald Quandt Industriebeteiligungen GmbH on the sale of procilon Group GmbH (‘procilon Group’) to a fund advised by Main Capital Partners as part of an exit process accompanied by Houlihan Lokey.
The Leipzig-based procilon Group was founded in 2001 and is a leading provider of cybersecurity software for B2B and B2G applications in the areas of secure communication, digital signatures and long-term archiving.
The parties have agreed not to disclose the purchase price.
Harald Quandt Industriebeteiligungen GmbH is an investment company owned by the Harald Quandt family and a small number of selected (industrial) families and partners. HQIB invests in small and medium-sized companies in German-speaking countries that are active in established, future-orientated and technically sophisticated sectors with attractive growth potential. As an industrial holding company, HQIB pursues a flexible investment approach and is not subject to any maturity restrictions or limited holding periods. Harald Quandt Industriebeteiligungen acquired a majority stake in the procilon Group in 2018.
GOF regularly advises Harald Quandt Industriebeteiligungen GmbH on transactions.
Legal advisors Harald Quandt Industriebeteiligungen:
Gütt Olk Feldhaus, Munich: Dr. Sebastian Olk (Partner, Corporate/M&A), Maximilian Spindler, LL.M. (Columbia) (Counsel, Corporate/M&A), Tobias Bergmeister, Lars Tenhündfeld (both Associates, Corporate/M&A)
Altenburg Fachanwälte für Arbeitsrecht, Munich: Andreas Ege (Partner), Dr. Dirk Schnelle (Salary Partner; all labour law)
Blomstein, Berlin: Dr. Max Klasse (Partner), Dr. Leonard von Rummel (Counsel; Competition and Foreign Trade Law)
About Gütt Olk Feldhaus:
Gütt Olk Feldhaus is a leading international law firm based in Munich. We provide legal advice on all aspects of commercial and corporate law. We focus on corporate law, M&A, private equity and financing. We also handle litigation in these areas.
