Hengeler Mueller advises netgo group on acquisition of arxes-tolina
08. January 2021
netgo group has announced the acquisition of arxes-tolina GmbH, a provider of solutions and services in the business segments IT, software and consulting with a total of 320 employees at seven locations in Germany, founded in 2002. The transaction marks netgo's sixth acquisition since Waterland Private Equity's investment in the company. Previously, netgo group had already broadened its IT services portfolio for SMEs with the acquisitions of cloud provider ComNet, business software specialist MEHRWERK, network and telecommunications experts commehr and workbees as well as SME IT services provider CSM MeinSystemhaus. Closing of the transaction is subject to antitrust approvals.
Hengeler Mueller advises netgo group on the transaction. The team is led by partner Alexander Nolte (M&A) and includes partners Thorsten Mäger (Antitrust), Dirk Uwer (Public Law) (all Düsseldorf), Henrik Bockenheimer (Employment) and Nikolaus Vieten (Financing) (both Frankfurt), counsel Gunther Wagner (Tax, Munich) and Patrick Wilkening (IP/IT, Düsseldorf) as well as associates Tobias Schneiders (M&A), Sebastian Dworschak (Antitrust) (both Düsseldorf), Erasmus Hoffmann (Public Law, Berlin), Christian Kottsieper (Real Estate, Düsseldorf), Marius Mayer (Employment, Frankfurt) and Tianyuan Zhuang (IP/IT, Düsseldorf).
The Hengeler Mueller team around partner Alexander Nolte also advised netgo group on its previous transactions.