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CMS advises AI service provider Veritone

On acquisition of SaaS provider Broadbean

04 Jul 2023 France 2 min read

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CMS advises AI service provider Veritone on acquisition of SaaS provider Broadbean

Stuttgart – Veritone, an artificial intelligence company, has acquired Broadbean for $52 million. The acquisition of Broadbean, a software-as-a-service technology that makes talent acquisition and engagement more efficient, will expand Veritone’s AI-powered human resources solutions offerings.

Lead counsel for the transaction was the US law firm Cooley. CMS was brought into the mandate by Cooley and provided legal advice on this transaction relating to Germany, France, Spain and the Netherlands. An international CMS team led by John Hammond and Patrick Lühr provided comprehensive legal advice to Veritone in the course of the transaction, especially on the implementation of this transaction and the due diligence. 

CMS Germany

John Hammond, Lead Partner
Patrick Lühr, Lead Counsel
Dr Florian Wimmer, Associate 
Olena Mausolf, Senior Legal Specialist, all Corporate/M&A
Dr Rolf Hempel, Partner, Antitrust, Competition & Trade
Phillip Bubinger, Counsel, Commercial
Neil Yeats, Counsel, Labor, 
Edris Trabzadah, Senior Legal Specialist,
Shae Lynn Washington, Senior Legal Specialist, all Employment & Pensions 

CMS France

Alexandra Rohmert, Partner
Louise Paysant, Associate, both Corporate/M&A
Aliénor Fèvre, Counsel, Commercial
Caroline Froger-Michon, Partner 
Florence Duprat-Cerri, Counsel
Aurélie Parchet, Associate, all Employment
Claire Vannini, Partner, Competition
Guillaume Melot, Associate, Antitrust, Competition & Trade
Anne-Laure Villedieu, Partner, TMC and IP
Anaïs Arnal, Associate, IP
Sabine Rigaud, Counsel, IP/IT

CMS Netherlands

Martika Jonk, Advocaat
Marcellina Rietvelt, Advocaat
Pieter de Kanter, Advocaat, all Corporate/M&A
Nigel Henssen, Advocaat 
Fleur van Assendelft de Coningh, Advocaat, all Employment & Pensions

CMS Spain

Luis Miguel de Dios, Partner 
David Jódar, Associated Lawyer 
Pablo Bonet, Lawyer, all Corporate/M&A
María José Ramos, Lawyer, Employment

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