Baker McKenzie advised TA Associates ("TA"), a leading global growth private equity firm, on the acquisition of a majority stake in Germany-based IGEL. IGEL is the provider of a next-gen edge OS for cloud work-spaces. The parties have agreed not to disclose the transaction volume.
TA joins existing IGEL investor C. Melchers GmbH & Co. KG (“Melchers”), which has been IGEL’s primary investor since its founding in 2001.
Baker McKenzie advised TA Associates on all legal aspects except tax law in connection with the acquisition of the stake in IGEL. TA Associates is a long-standing client of Baker McKenzie.
Dr. Lutz Zimmer, Corporate/M&A-of counsel at Baker McKenzie in Munich, comments: "With our IT and M&A expertise, we were able to successfully support our long-standing client in a transaction which will provide TA Associates with the expertise, market access and resources to drive the next phase of growth."
IGEL provides the next-gen edge OS for cloud workspaces. The company’s world-leading software products include IGEL OS™, IGEL UD Pocket™ (UDP) and IGEL Universal Management Suite™ (UMS). These solutions comprise a more secure, manageable and cost-effective endpoint management and control platform across nearly any x86 device.
TA Associates is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world.
The global Corporate/M&A team of Baker McKenzie advises on more cross-border transactions than any other law firm. Most recently the team advised Embracer on the acquisition of Easybrain Limited, SK Tele-com on a joint venture with Deutsche Telekom, Chr. Hansen Holding A/S on the acquisition of Jennewein Biotechnologie GmbH, DBAG on an investment in congatec Holding AG, SAP on the sale of the communication unit SAP Digital Interconnect to Sinch AB, Air Liquide on the sale of the Schülke Group to the Swedish financial investor EQT, METRO AG on the establishment of a strategic partnership with Wumei Technology Group, Bayer AG on the sale of its majority stake in the chemical park operator Currenta, SPIE on the acquisition of OSMO, Toppan Printing Co. Ltd. on the acquisition of the German Interprint Group and Evonik on the sale of its methacrylate business to Advent International.
Legal advisor to TA Associates:
Corporate/M&A: Dr. Lutz Zimmer (of counsel, Munich), Dr. Michael Bartosch (partner, Munich)
Corporate/M&A: Dr. Tino Marz (counsel, Munich), Michelle Karrer (associate, Munich)
IT: Florian Tannen (partner, Munich), Dr. Florian Eisenmenger (associate, Munich), Josephine Becker (associate, Munich)
Public Law: Dr. Marc Gabriel (partner, Berlin), Dr. Janet Butler (counsel, Berlin), Anahita Thoms (partner, Dusseldorf), Alexander Ehrle (associate, Berlin)
Antitrust: Dr. Nicolas Kredel (partner), Dr. Florian Kotman (associate, both Dusseldorf)
IP: Dr. Markus Hecht (senior associate, Frankfurt)
Employment: Dr. Bernhard Trappehl (partner, Munich), Dr. Thomas Seidensticker (senior associate, Munich)
Commercial: Dr. Johannes Teichmann (partner, Frankfurt),
Joachim Fröehlich (counsel, Munich)
Real Estate: Dr. Niklas Wielandt (partner, Frankfurt), Till Pflug (associate, Frankfurt)