EY Law advises JTL, an Hg portfolio company, on the acquisition of JERA

The international law firm Ernst & Young Law advised JTL, an Hg portfolio company, on the acquisition of JERA from its founders. The purchase price has not been disclosed.

JTL-Software-GmbH (JTL), one of the leading developers of e-commerce and multichannel software in the German-speaking region, is acquiring JERA GmbH (JERA). The company develops solutions for the optimal transfer of accounting data from ERP software and other e-commerce systems to financial accounting software (FiBu). This acquisition further strengthens JTL’s position as a comprehensive provider of solutions for online and multichannel commerce, enabling users to better integrate their financial accounting processes from a single source.

The software manufacturer JERA, based in Vörstetten, Baden-Württemberg, offers leading software for the optimal transfer of accounting data from ERP systems and other solutions to the FiBu software used by tax advisors. The interfaces aggregate bookings from the ERP system and post them to the correct revenue accounts. Simultaneously, the bookings are reconciled with transactions from marketplaces (e.g., Amazon, eBay) and the respective payment receipts (e.g., via PayPal, Mollie). The seamless transfer of data into leading tax advisor systems, including DATEV, significantly reduces the workload for tax advisors. JERA has over 20 years of experience in e-commerce and is used by more than 3,000 companies.

The acquisition of JERA marks a significant strategic milestone for JTL. As a comprehensive software provider in e-commerce and multichannel trade, JTL aims to offer customers a broad range of services. The acquisition is part of the company’s growth strategy, which includes significant investments in the existing product portfolio and expanding the range of offerings through acquisitions to make them more comprehensive and attractive for customers.

JTL-Software-GmbH (JTL) is a provider of innovative software for multichannel commerce. With more than 50,000 customers and over 500 partners in Germany, Austria, and Switzerland, JTL is among the leading manufacturers of e-commerce software in the German-speaking region. JTL’s ERP software organizes all relevant business fields of modern commerce: product and offer management, purchasing, sales and multi-channel distribution, order processing, payments, and warehouse and shipping organization. The product portfolio includes solutions for large retailers as well as medium-sized and smaller e-commerce companies. JTL was founded in 2008 and employs around 300 people. In October 2023, JTL initiated a strategic growth partnership with Hg, a leading investor in software and service companies. www.jtl-software.de

JTL / Hg was advised by an EY Law team led by EY Law Partner Dr. Jan Philipp Feigen and EY Law Counsel Dr. Philipp Strümpell, who shared the lead:

• Dr. Jan Philipp Feigen (Partner, PE/M&A, Hamburg, PICTURED LEFT)
• Dr. Philipp Strümpell (Co-lead, Counsel, PE/M&A, Munich, PICTURED RIGHT)
• Dr. Sebastian Merkel (Senior Consultant, PE/M&A, Hamburg)
• Dr. Daniel Mattig (Senior Manager, PE/M&A, Hamburg)
• Dr. Thomas Blickwedel (Manager, IP/IT/Data Protection, Munich)
• Sina Biermann (Manager, IP/IT/Data Protection, Munich)
• Anna-Marija Sasic (Consultant, PE/M&A, Hamburg)
• Philipp Bastian Bekemeier (Manager, Employment Law, Berlin)
• Alexandra Parascho (Senior Manager, Real Estate, Berlin)