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Schoenherr and Novalia Advise on Celonis's Acquisition of Integromat in Czech Republic

Schoenherr and Novalia Advise on Celonis's Acquisition of Integromat in Czech Republic

Czech Republic
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Schoenherr's Czech office has advised Germany’s Celonis on its acquisition of Integromat and its subsidiaries in the Czech Republic. Novalia advised the selling shareholders on the deal. Davis Polk reportedly also advised the buyer on the deal.

Financial details of the transaction were not disclosed.

Celonis, which was founded in Germany in 2011, develops and operates enterprise performance acceleration software. According to Schoenherr, "its process mining technology helps organizations eliminate operational friction and become a superfluid enterprise." The company serves customers in the automotive and industrial, banking, wholesale and retail, insurance, and telecommunication sectors.

Integromat is a Czech-based provider of automation software that was established in 2013. 

The Schoenherr team consisted of Partner Vladimir Cizek and Attorneys-at-Law Jiri Marek, Rudolf Bicek, Eva Bajakova, and Marie Gremillot.

Novalia’s team included Partners Jakub Cisar and Bill Finney.

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