Frankfurt/Main – WZ Energy Holding GmbH has sold a majority stake in the Regensburg-based iS Software Group to a fund advised by Elvaston Capital Management. The iS Software Group develops software solutions for companies in the energy and water industry.
A CMS team headed by Dr Hendrik Hirsch advised WZ Energy Holding GmbH on all legal aspects of the transaction. The CMS team also advised WZ Energy Holding GmbH on its reinvestment in the buyer. Going forward, Elvaston and WZ Energy Holding GmbH will thus each hold a stake in the iS Software Group.
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