Milbank advised HANNOVER Finanz on the sale of the corporate performance management (“CPM”) software powerhouse CP Corporate Planning AG (“CP”) to proALPHA, a leading provider of enterprise-resource-planning software for small and medium-sized enterprises.
With a corporate history of more than 30 years, CP is a pioneer in CPM focusing on the DACH region (Austria, Germany and Switzerland), and a leading provider of software solutions for operational planning and integrated financial planning, as well as consolidation and reporting. The company serves more than 1,600 active customers across various industries and sizes, including well-known names such as Hellmann Worldwide Logistics, Privatmolkerei Bauer, Julius Meinl, Deutsche Flugsicherung and MLP, with its innovative solutions for flexible planning, modern analysis and individual reporting.
Milbank comprehensively advised HANNOVER Finanz on corporate, tax and finance law aspects of the transaction.
Michael Bernhardt (lead, Corporate/M&A, Frankfurt), Matthias Schell (Tax, Munich), Sebastian Dexheimer, Sarah-Maria Resch, Viviane Opitz (all Corporate/M&A, Frankfurt) and Odilo Wallner (Finance, Frankfurt).
Inhouse Advisor: Christina Silberberger (General Counsel and Partner).
