Osborne Clarke has advised Friendship Systems AG on the management buyout together with DNV GL Group.

Friendship Systems is an independent limited company with its seat in Potsdam. The company develops and licenses the software product CAESES, which is used to optimise hulls, ship propellers and turbo-machines. It is the successor to Friendship Systems GmbH, a spin-off of the Technical University of Berlin. At the end of 2008 it became a subsidiary of DNV GL (former known as Germanischer Lloyd).

Friendship Systems takes over all assets and employees of the CAESES-sector of DNV GL.

The Osborne Clarke team that advised on the management buyout was led by Partner Nicolas Gabrysch who was assisted by Till-Manuel Saur (both corporate).