CMS advises Sophora on investment in SQUER
CMS advises Sophora on its investment in SQUER, laying the foundation for a new digital transformation and AI platform in the DACH region.
Sophora Unternehmerkapital (“Sophora”) invests in SQUER Solutions GmbH (“SQUER”), an Austrian partner for digital transformation, software modernisation and applied AI in highly regulated industries, and will be a strong partner of SQUER and its four founders. The investment marks the launch of a new platform focused on digital transformation, software modernisation and applied AI across the DACH region.
CMS provided comprehensive legal support throughout all phases of the transaction, advising on its structuring, conducting legal due diligence, and supporting W&I insurance matters. The team also led the negotiation of the share purchase agreement and related documentation, and advised on founder reinvestment, vendor financing, and the shareholders’ agreement. The transaction features a sophisticated post-closing ownership and governance structure designed to support SQUER’s continued growth alongside its founders.
SQUER, headquartered in Vienna with an additional office in Munich, specialises in software modernisation, digital transformation and applied data & AI. Since its founding in 2019, the company has grown organically and established a strong reputation for its engineering-first approach, serving blue-chip clients in highly regulated industries such as banking, insurance and the public sector.
The CMS team advising Sophora was led by Florian Mayer, Lead Partner at CMS Austria, and Daniel Grimmer.
Florian Mayer, Partner at CMS and head of the CMS advisory team comments: “This transaction highlights the continued strong investor appetite for technology-driven services with deep engineering capabilities. We are delighted to support Sophora in establishing a new platform in the highly dynamic fields of digital transformation and AI. The sophisticated structure of the deal reflects the shared ambition of the investor and the founders to build sustainable long-term growth while preserving the entrepreneurial culture that defines SQUER.”
Financial details of the transaction have not been disclosed, and closing is expected in the coming weeks.
This mandate demonstrates CMS’ strong capabilities in advising private equity investors on complex transactions and underlines its deep sector expertise in technology-driven business models, digital transformation and software services across the DACH region.
CMS Austria Core Team:
Florian Mayer, Lead Partner | Corporate/M&A
Daniel Grimmer, Lawyer | Corporate/M&A
Team CMS Austria:
Ulrich Dallinger, Associate | Commercial Law
Wolfgang Hellsberg, Partner | Banking & Finance
Rebecca Herlitz, Associate | Corporate/M&A
Mariella Kapoun-Reiter, Partner | Real Estate & Construction
Daniela Krömer, Partner | Employment, Labour & Pensions
Hans Lederer | Partner, Intellectual Property
Andreas Lichtenberger, Lawyer | Commercial Law
Clara Puczynski, Associate | Real Estate & Construction
Julia Ratz, Associate | Public Procurement
Darina Tsvetkova, Associate | Public Procurement
Marlene Wimmer-Nistelberger, Partner | Public Law
Dieter Zandler, Partner | Antitrust, Competition & Trade
Team CMS Germany:
Jessica Mohaupt-Schneider, Partner | Corporate/M&A
Florian Plagemann, Partner | Corporate/M&A
