MoFo News Item

Morrison & Foerster Advises Elvaston on Sale of a Majority Holding in Infoniqa Group to Warburg Pincus

19 Nov 2020

BERLIN – September 9, 2020. Morrison & Foerster LLP (MoFo) advised Elvaston Capital Management, Berlin, on the sale of their majority holding in Infoniqa Group to a fund managed by Warburg Pincus LLC. The team around partner Dr. Jörg Meißner advised Elvaston Capital Management comprehensively on the entire transaction, including all aspects of corporate, antitrust, foreign investment control, tax, and employment law.

Infoniqa is a specialist for software and service solutions in all areas of the administrative and strategic personnel industry, including personnel management and development, payroll services, and time management. In addition, Infoniqa also offers outsourcing services for payroll accounting, software hosting (SaaS), as well as consulting and training. As a full-service provider in the DACH region, Infoniqa, with over 250 employees, serves over 3,500 customers with over 2 million employees. For more information, please visit www.infoniqa.com

Elvaston Capital Management is an entrepreneurial private equity firm that specializes in investments in small and medium‑sized enterprises located in the German-speaking countries, with an emphasis on the technology sector. Morrison & Foerster is regularly active for Elvaston Capital Management and most recently advised, among other things, on the sale of a majority holding in GUS Group, an ERP software company, to a managed fund of Bregal Unternehmerkapital; and on the acquisition of xdot GmbH, a service provider for cloud and managed services.

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