Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 23-09-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Software AG/Main Incubator Acquisition of Traxpay AG Stake | Industry: | Software & Computer Services |
| Description: |
Clifford Chance has advised Software AG, Darmstadt, and Main Incubator GmbH, Frankfurt am Main, on the acquisition of a stake in Traxpay AG.
Traxpay offers an electronic procedure for financial transactions in the B2B sector which ensures secure payments and subsequent settlement in real time. Traxpay's customers include operators of B2B trading networks as well as digital market places and companies. Traxpay is privately held and operates branches in Mountain View, California, and Frankfurt am Main.
The Clifford Chance team was led by partner Dr. Christof-Ulrich Goldschmidt (Corporate, Frankfurt) and comprised counsel Dr. Christian Vogel, associate Dr. Werner Brickwedde (both Corporate, Dusseldorf), partner Dr. Claudia Milbradt and counsel Dr. Wolfgang Schonig (both IP, Dusseldorf).
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| Financial Center: | Frankfurt | Value: | 0.00-0.00 |
| Advised Party: | Acquiror | Law Firm | Clifford Chance |
| Target Company Jurisdiction: | Germany | Acquiror Jurisdiction: | Germany |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Christof-Ulrich Goldschmidt |
