PHH has advised German digital transformation company Sidion on its acquisition of a 65% stake in the Austrian-based Hillside IT consulting group.
Hillside is an Austrian IT company offering enterprise service management, IT service management, information security management, IT controlling, and business integration platform services.
"The successful completion of a transaction between two companies focused on joint growth is particularly gratifying – we wish [them] every success!" PHH Partner Rainer Kaspar commented.
The PHH team was led by Partner Rainer Kaspar and Counsel Philip Rosenauer.
The firm did not reply to our inquiry on the deal.