LeanIX shareholders sell to SAP with Latham & Watkins

The software group SAP intends to take over the Bonn-based software management company LeanIX, specialised in so-called Enterprise Architecture Management (EAM), which is used by many law firms in Germany to flank their digitalisation processes.

LeanIX is being advised by Latham & Watkins: with partners Thomas Forschbach, Maximilian Platzer (pictured, left), Verena Seevers, Austin Ozawa, Katharine Moir, Leah Segall, Max Hauser, Jonathan Parker, Jean-Luc Juhan, Wolf-Tassilo Böhm, Florian Dehmel, Michael Anastasio; and the associates Dominik Waldvogel, Annika Bilics, Michele Maurice Stephan, Lennart Werbeck, Nils Horst, Johannes Lieb, Nicolas Jung, Daniela Jaeger.

SAP is being assisted by Allen & Overy, with partners Roman Kasten (pictured, right), Heike Weber, Börries Ahrens, Alexander Veith, René Galle; and the associates Linda Mayer, Stephan Bühner, Manuel Köchel, Catharina Glugla, Anna Kräling, Merle Herrmann, Veronika Gaile, Henriette Hermann, Katharina Jünemann, Pascal Schroeder, Mert Guelmez, and Hendrik Slabsche.

Michael Plötner acted as SAP’s in-house legal and Friederike Ries as senior tax manager.

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LeanIX’s investors to date include: Insight Partners, Digital Transformation Capital Partners (DTCP), Capnamic Ventures, Iris Capital, Goldman Sachs and Dawn Capital. Deutsche Telekom is an anchor investor in DTCP through its venture capital subsidiary.

The takeover is expected to be completed in the fourth quarter of 2023, it is said, and it is also subject to regulatory approval.