Clifford Chance has advised Omni Bridgeway on its acquisition of ROLAND ProzessFinanz from ROLAND. ROLAND ProzessFinanz can expect to receive a substantial amount of investment from its new owner and is likely to expand its international operations. OmniBridgeway has added an established and respected company from the DACH region to its portfolio.

Despite the change in shareholder, ROLAND and ROLAND ProzessFinanz will continue to work closely together. ROLAND ProzessFinanz AG will continue to conduct its commercial operations under the name "ROLAND ProzessFinanz AG". The companies will also retain close organisational and sales links.

ROLAND ProzessFinanz will continue to review any cases worth more than EUR 5,000 on behalf of ROLAND customers. The ROLAND Group's core activities will still be private legal cover, accident/health cover and associated legal assistance.

Omni Bridgeway is based in Amsterdam and funds and manages cross-border claim recoveries and non-performing loans. The group also has offices in Geneva, London, Singapore and Guernsey.

The ROLAND Group is based in Cologne and is one of Germany's leading providers of private legal cover, litigation funding, accident/health cover and associated assistance. It provides legal cover services internationally through its offices in Austria and Italy.

The Clifford Chance team was led by partner Dr. Jörg Rhiel and comprised associate Schirin Drewell (both Corporate, Frankfurt), partner Thorsten Sauerhering and counsel Dr. Dominik Engl (both Tax, Frankfurt) as well as partner Dr. Stefan Simon and senior associate Dr. Ulrike Breidenstein (both Employment, Frankfurt).