05
Tue, Nov
53 New Articles

Herbst Kinsky Advises Mait on Acquisition of Nittmann & Pekoll

Herbst Kinsky Advises Mait on Acquisition of Nittmann & Pekoll

Austria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Herbst Kinsky, working with Watson Farley & Williams’ Munich office, advised software and IT service provider Mait on its acquisition of enterprise resource planning specialist Nittmann & Pekoll. The Wiener Advocatur Bureau reportedly advised sellers Christian Nittmann and Angelika Pekoll-Sarica.

According to Herbst Kinsky, with a turnover of EUR 130 million and more than 5,700 customers, the Mait Group, founded in 1994, specializes in "innovative digital solutions in product development, corporate management, and IT services. More than 580 Maits implement specific solutions in close cooperation with their customers at 24 locations in Germany, Austria, and Switzerland."

"Through the acquisition, Mait not only enters the ERP business in Austria but also grows by more than 200 customers and a 62-strong team of ERP experts at the Vienna and Wels locations," the firm informed.

Herbst Kinsky’s team included Attorneys-at-Law Wolfgang Schwackhoefer, Valerie Mayer, Christoph Ludvik, and Constantin Hofer and Associates Elisabeth Fitzek and Irmgard Nemec.

Wiener Advocatur Bureau could not confirm its role in or comment on the deal.