POELLATH Facilitates Strategic Merger for Growth
Deal News | Feb 11, 2025 | EIN
German law firm POELLATH has played a pivotal role in advising the Nrnberger Baugruppe on its strategic merger with BRZ Deutschland, a construction software and payroll specialist, and the Infoniqa Group, an Austrian IT solutions firm. Under the guidance of POELLATH's experienced team, including key figures like Dr. Tim Kaufhold and Dr. Moritz Klein, the merger aims to foster technological investment and innovation across the construction and IT sectors in the DACH region. This transformative deal, expected to complete in Q1 2025, will lead to the creation of a new corporate group under Warburg Pincus, also involving the integration of perview systems. Notably, BRZ Deutschland will continue operating independently, maintaining existing contracts. The merger is seen as a strategic move for market consolidation, aligning with the industrial logic to enhance product offerings, accelerate marketable solutions, and exploit synergies, particularly in HR processes.
Sectors
- Construction
- Software and Information Technology
- Human Resources Technology
Geography
- Germany – POELLATH is a German law firm advising the Nrnberger Baugruppe, a German construction company, highlighting this location's relevance.
- Austria – Infoniqa Group, one of the parties in the merger, is based in Austria.
- DACH region – The merger aims to enhance operations across the DACH region, underlining its geographical importance.
Industry
- Construction – The merger involves BRZ Deutschland, a construction software and payroll specialist, which directly relates to the construction industry.
- Software and Information Technology – Infoniqa Group and BRZ Deutschland work in software services; Infoniqa provides IT solutions, and BRZ Deutschland offers construction software, making this sector critical to the merger.
- Human Resources Technology – The article mentions the integration of perview systems, a human resources management software company, which is central to driving HR process innovations.
Financials
- N/A – The article does not disclose specific financial figures related to the merger deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| POELLATH | Legal Advisor | Company | A German law firm providing advisory services for the merger. |
| Nrnberger Baugruppe | Target Company | Company | A construction company involved in the merger, advised by POELLATH. |
| BRZ Deutschland | Target Company | Company | A construction software and payroll specialist participating in the merger. |
| Infoniqa Group | Target Company | Company | An Austrian IT solutions and services firm involved in the merger. |
| Warburg Pincus | Bidding Company (Buyer) | Company | They hold the majority ownership of the Infoniqa Group and facilitate the merger under a new corporate group. |
| perview systems | Other Company | Company | A human resources management software company set to be integrated into the Infoniqa Group. |