Buyers Edge Platform completes acquisition of MMC
Deal News | Jan 17, 2025 | Legal Community Swiss
Thorough: Buyers Edge Platform, a global technology and procurement solutions company in the hospitality sector, has successfully acquired Majestic Management & Consulting (MMC) SA, a Switzerland-based company specialized in hospitality procurement. The legal advisory for this acquisition was provided by MLL Legal, assisting the seller, Yann Meuterlos, CEO of MMC. The MLL Legal team was led by Helene Weidmann, a partner in their M&A practice, with support from several associates specializing in related areas including tax and employment law.
Sectors
- Hospitality Procurement
- Technology Solutions
- Legal Advisory
Geography
- Switzerland – The location of Majestic Management & Consulting (MMC) SA, the company acquired by Buyers Edge Platform.
- Global – Refers to Buyers Edge Platform's operational scope as a global leader in the hospitality sector.
Industry
- Hospitality Procurement – This industry includes companies that provide procurement solutions for the hospitality sector, similar to the focus of both Buyers Edge Platform and MMC.
- Technology Solutions – Involves the use of technology in creating solutions for business sectors, like the technology and procurement solutions offered by Buyers Edge Platform.
- Legal Advisory – Refers to the provision of legal services, which in this case was provided by MLL Legal in the acquisition process.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Buyers Edge Platform | Acquiring Company | Company | A global leader in technology and procurement solutions for the hospitality sector. |
| Majestic Management & Consulting SA (MMC) | Target Company | Company | A Swiss company specializing in hospitality procurement. |
| MLL Legal | Legal Advisor | Company | Provided legal advice to the seller, Yann Meuterlos, in the acquisition by Buyers Edge Platform. |
| Yann Meuterlos | CEO and Seller | Person | CEO of MMC and the seller in the acquisition deal with Buyers Edge Platform. |
| Hlne Weidmann | Lead Legal Advisor | Person | Partner at MLL Legal, led the legal advice team for the acquisition. |