Heuking Kühn Lüer Wojtek advises Magellan Netzwerke GmbH on the acquisition of SOLIT SYSTEMS GmbH
A team led by Kristina Schneider advised Magellan Netzwerke GmbH, a member of FERNAO group, on the acquisition of SOLIT SYSTEMS GmbH and the subsequent reorganization of the group.
SOLIT SYSTEMS GmbH is an IT service company specializing in IT security, data protection, and compliance, which has bundled its comprehensive experience in market-driven and innovative managed security services. The target group ranges from medium-sized companies to large corporate groups. With the acquisition of the specialist for managed security services, FERNAO group has gained a major extension to its managed security services product portfolio.
FERNAO group was founded in 2015 as a buy-and-build platform by funds advised by AUCTUS Capital Partners in the course of the acquisition of Magellan Netzwerke GmbH. As a result of the acquisition, FERNAO group now has over 500 employees at 18 sites in Germany, Switzerland, and China. As a medium-sized full service provider, FERNAO group offers single-source IT security, IP networking, cloud computing, and carrier solutions services.
The Cologne-based M&A team, of which Ms. Schneider is a member, regularly advises investors on buy & build strategies for establishing corporate groups and has previously advised the shareholders of Magellan Netzwerke GmbH on the sale to AUCTUS Capital Partners and on various acquisitions.
Counsel to Magellan/FERNAO
Heuking Kühn Lüer Wojtek:
Kristina Schneider, LL.M.,
Tim Remmel, LL.M. (all M&A),
Dr. Sascha Schewiola (Employment),
Dr. Lutz Martin Keppeler (IT), all Cologne
Fabian G. Gaffron (Tax), Hamburg