CMS advises QBS Technology on the acquisition of Prianto Group
Düsseldorf – QBS Technology Group has acquired Prianto Group, one of the leading providers of value-added distribution of enterprise software in Germany.
A CMS team led by partners Dr Marcel Hagemann and Dr Dirk Jannott and counsel Katharina Franitza provided comprehensive legal advice to QBS on the transaction. The parties agreed not to disclose the transaction volume. The transaction was characterised by the complex shareholder structure of Prianto Group and involved the acquisition of twelve companies in a total of ten different jurisdictions (Germany, France, the UK, the Netherlands, Switzerland, Austria, Poland, Turkey, South Africa and Hungary).
The acquisition is an important milestone for QBS. The transaction establishes the largest provider of enterprise software distribution and value-added distribution in the EMEA region (Europe, Middle East and Africa) with a turnover of around USD 600 million and 400 employees in twelve countries.
Other partners
MILLER & MARTIN PLC / USA
Joe DeLisle
Baoyi Cai
Stikeman Elliott LLP / Kanada
Eric Bremermann
Parsa Farhangdoos
Press contact
presse@cms-hs.com
