BPV Huegel and Switzerland's Meyerlustenberger Lachenal law firm have advised shareholder Raiffeisen Informatik on the initial public offering of SoftwareONE Holding AG and its listing on the SIX Swiss Exchange. Lenz & Staehelin and Linklaters advised SoftwareONE, while Niederer Kraft Frey and Freshfields advised joint global coordinators and joint book-runners Credit Suisse, J.P. Morgan, and UBS Investment Bank, and additional joint book-runners BNP Paribas, Citigroup, Deutsche Bank, UniCredit, and Zurcher Kantonalbank.
According to bpv Huegel, “the offered shares were priced at CHF 18 per share, implying a total market capitalization of approximately CHF 2.9 billion. The offering consisted of 38,549,464 existing shares, corresponding to approximately 24.3% of the total share capital, with an over-allotment option of up to 5,782,419 existing shares. The shares have been offered by SoftwareONE's existing shareholders, including the founding shareholders, KKR and Raiffeisen Informatik. The trading started on October 25, 2019.”
BPV Huegel describes Switzerland-based SoftwareONE as "a global provider of end-to-end software and cloud technology solutions," and reports that "with around 5,300 employees and sales and services delivery presence in 90 countries, SoftwareONE provides around 65,000 business customers with software and cloud solutions from over 7,500 publishers."
The BPV Huegel team was led by Partners Thomas Lettau and Christoph Nauer and included Partner Gerald Schachner, Attorneys at Law Verena Huege, Holger Steinborn, and Roland Juill, and Associate Tamara Tomic.
The Meyerlustenberger Lachenal team was led by Partner Alexander Vogel.