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BDK Advokati Advises Francisco Partners on Acquisition of Litmos from SAP

BDK Advokati Advises Francisco Partners on Acquisition of Litmos from SAP

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BDK Advokati, working with Kirkland & Ellis, has advised Francisco Partners on its acquisition of SAP Litmos from SAP.

Closing is expected in the fourth quarter of 2022, pending regulatory approval.

Litmos develops e-learning solutions for companies, including the SAP Litmos Training learning management system and the SAP Litmos Training Content, a course library.

Francisco Partners is a global investment firm that focuses on technology and technology-enabled businesses.

SAP is a German company specializing in enterprise application software.

"We are tremendously excited to partner with Litmos to further unlock its growth potential and deliver even more to its customers and partners," FP Partners Jason Brein and Christine Wang commented. "As an independent company partnering with Francisco Partners, Litmos will have more flexibility to focus all of its investments and operations on customer success and increase its customer happiness by augmenting platform capabilities, proprietary content library, and third-party integrations."

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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