Bregal Facilitates Communardo's Acquisition of Mibex
Deal News | Dec 19, 2024 | Paul Hastings
In a significant move in the software industry, Paul Hastings LLP has advised Bregal Unternehmerkapital, a leading European private equity investor, on the acquisition of Mibex Software GmbH by Communardo Group GmbH. Mibex, recognized as an Atlassian Gold Marketplace Partner, specializes in developing applications for Atlassian products, including Bitbucket, Bamboo, and Confluence, and serves over 2,700 customers globally. The acquiring company, Communardo, a DACH-focused service provider, specializes in Atlassian and Microsoft modern workplace solutions. This acquisition allows Communardo to enhance its offerings in professional services, license re-selling, managed services, and proprietary software apps. Bregal, with EUR 7 billion in capital raised, focuses on investing in mid-sized companies across the DACH region and Italy, enhancing its market position and portfolio through this strategic M&A activity. Paul Hastings's legal team, led by partner Dr. Christopher Wolff, played an instrumental role in facilitating this strategic acquisition.
Sectors
- Private Equity
- Software and IT Services
Geography
- DACH Region – The companies involved, including Bregal and Communardo, have a strong presence in the DACH region, which includes Germany, Austria, and Switzerland.
- Italy – Bregal also invests in mid-sized companies located in Italy, as part of its broader investment strategy.
Industry
- Private Equity – The article involves Bregal Unternehmerkapital, a European private equity firm, which plays a crucial role in facilitating the acquisition.
- Software and IT Services – Both Mibex and Communardo operate within the software and IT services sector, focusing on solutions for Atlassian products and modern workplace tools.
Financials
- EUR 7 billion – Total capital raised by Bregal Unternehmerkapital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | An international law firm that advised Bregal on the acquisition. |
| Bregal Unternehmerkapital | Private Equity Firm | Company | A leading European private equity investor involved in overseeing the acquisition process. |
| Mibex Software GmbH | Target Company | Company | A software company specializing in applications for Atlassian products. |
| Communardo Group GmbH | Portfolio Company | Company | A company providing solutions in Atlassian and Microsoft workplace, acquiring Mibex. |
| Dr. Christopher Wolff | Partner | Person | Led the Paul Hastings team advising on the deal. |
| Mahmood Kawany | Associate | Person | Assisted in the legal advisement for the acquisition. |