Announced
Completed
Financials
Tags
software solutions
Private Equity
Cross Border
Private
Completed
Acquisition
Single Bidder
Software
Friendly
Switzerland
Majority
Synopsis
LEA Partners, a private equity and venture capital investor based in Karlsruhe, completed the acquisition of Base-Net Informatik, a Swiss software provider leading in the field of credit and mortgage management. Financial terms were not disclosed. "I am extremely pleased that, through the efforts of Board Advisors, we were able to find a new majority shareholder that is equally beneficial to the customers and employees of Base-Net Informatik AG. Despite a complex transaction structure, the advisors of Board Advisors had the mandate under control at all times, were able to successfully complete the project in a record-breaking time and to the full satisfaction of the shareholders," Stefan Hermann, Base-Net Informatik Founder and Chairman.
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