Noerr advises RIB Software in connection with the successful share capital increase

Noerr has advised RIB Software SE on a share capital increase from authorised capital. The placement generated gross proceeds of €131m.

All new shares were placed with qualified investors in an accelerated bookbuilding process by means of a private placement, with subscription rights being excluded. The proceeds from the issue are to serve the company’s growth and to support its acquisition strategy. As a result of the capital increase, the company’s share capital has increased by roughly 10 per cent to approximately €51.5m. The capital increase was carried out with the assistance of Berenberg acting as sole global coordinator und sole bookrunner.

TecDax-listed RIB Software SE is a leading technology company specialised in global construction projects of various industries in all segments. The Stuttgart-based company has more than 800 employees working at more than 30 locations all over the world and regularly relies on Noerr when it requires legal advice. Noerr advised RIB for example in connection with a joint venture with US software company Flex and on its IPO in 2011.

Advisors to RIB Software SE: Noerr LLP

Dr Holger Alfes, Dr Laurenz Wieneke, Dominique Stütz (all capital markets law, Frankfurt)