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BPV Huegel, Simpson Thacher, and Lenz & Staehelin Advise on Placement of SoftwareONE Shares

BPV Huegel, Simpson Thacher, and Lenz & Staehelin Advise on Placement of SoftwareONE Shares

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BPV Huegel, working alongside Switzerland's Lenz & Staehelin law firm, has advised Raiffeisen Informatik on the sale of shares in SoftwareONE Holding AG via an over-night accelerated book-building process. Credit Suisse AG, J.P. Morgan Securities plc, UBS AG, and KKR Capital Markets Partners LLP acted as joint book-runners for the placement. Simpson Thacher & Bartlett advised KKR on the deal.

SoftwareONE is a Switzerland-based provider of end-to-end software and cloud technology solutions.

According to BPV Huegel, “KKR, Raiffeisen Informatik, the heirs of Patrick Winter, and B. Curti Holding sold last week a total of 17,500,000 shares (11.04%) in SoftwareONE Holding AG at a price of CHF 20.00 per share resulting in total proceeds of CHF 350 million. Following the settlement of the transaction, the four selling parties hold stakes of 10.4%, 5.6%, 5.5%, and 10.1%, respectively, in SoftwareOne Holding AG.”

BPV Huegel’s team included Partners Thomas Lettau and Christoph Nauer and Attorney Roland Juill.

Lenz & Staehelin’s team included Partners Matthias Wolf and Patrick Schleiffer and Associate Patrick Scharli.

Simpson Thacher & Bartlett’s team was led by Partner Nicholas Shaw.

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