Willkie advised the consortium in the transaction.
A consortium comprising lead investor Apax Partners, Deutsche Telekom Capital Partners, Summit Partners, GP Bullhound and the Founders (Consortium) announced that they have agreed to sell portfolio company Signavio, a leader in the enterprise business process intelligence and process management space, to SAP.
Founded in 2009, Signavio is a leading provider of SaaS-based business-process analysis and decision-management software that helps companies design, implement, analyze and manage complex processes, decisions and workflows.
SAP is a market leader in enterprise application software, serving companies of all sizes and in all industries through machine learning, Internet of Things (IoT), and advanced analytics technologies.
The Willkie team was led by partner Dr. Kamyar Abrar in Frankfurt and included, inter alia, partners Spencer F. Simon and William H. Rooney in New York; counsel Miriam Steets, Wolfgang Münchow and Ludger Kempf; and associates Aurel Hille and Cesare Vannucchi, in Frankfurt.