Baker McKenzie has advised Austrian certification expert Intact GmbH on its August 30, 2018 sale of a majority stake in the company to German investment company IMCap Partners. The buyer was represented by Hogan Lovells' Dusseldorf office.
According to Baker McKenzie, “IMCap acquires a majority stake in Intact and provides further growth capital as part of the transaction.” Details on the purchase price were not disclosed.
Intact was founded in southern Styria, Austria, in 2001, to support companies in audit, certification, and management processes with specialized software solutions. The company has since opened offices in Switzerland and the United States.
IMCap GmbH, an investment consulting company, provides its services to potential investors by searching, organizing, and managing direct investments in small- and mid-sized technology companies with a focus on software and/or digitalization.
The Baker McKenzie team included Partner Wendelin Ettmayer and Junior Associates Pablo Essenther and Kathrin Freudelsperger.
The Hogan Lovells team consisted of Partner Lars Benger and Associate Christian Brenscheidt.