Noerr advises Danish Nordic Capital-backed IT security provider Conscia on strategic takeover in Germany
Noerr has advised the Nordic Capital-backed Danish IT security company Conscia A/S in a strategic transaction in the German market. Conscia is acquiring XevIT GmbH, an IT infrastructure company headquartered in Ettlingen.
This acquisition will help Conscia further strengthen its position on the European market. xevIT is a Cisco Gold Partner in Germany and has wide-ranging expertise in the field of network and communications solutions. Conscia is a leading provider of security and IT infrastructure solutions based on technologies of Cisco and other leading technology partners. The Conscia Group has 650 employees and approximately €280 million in turnover.
Advisors to Conscia: Noerr LLP
Robert Korndörfer (Munich), Dr Tibor Fedke (joint lead, both Corporate/M&A, Berlin), Yvonne Dietzel (Employment & Pensions, Dresden), Dr Torsten Kraul (Telecommunications), Dr Florian-Felix Marquardt (Tax & Private Clients, both Berlin), Dr Daniel Rücker (Data Protection), Dr Thomas Thalhofer (Digital Business, both Munich), Dr Julian von Lucius (Telecommunications, Berlin)
Associates: Daniel Prexler (Private Equity), Alexander Brandt (Data Protection), Ekaterina Filikhina (Digital Business), Dr Stefanie Hagemeier (Digital Business, all Munich), Dr Oliver Moench (Telecommunications, Berlin), Franziska Nebollieff (Private Equity, Munich)
Advisors on Danish law: Gorrissen Federspiel