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Schoenherr advises AIM Software Group on investment by Welsh, Carson, Anderson & Stowe

22 Jan 2015

Schoenherr advised AIM Software Group ("AIM") on the receipt of an investment from and transfer of a majority interest to U.S.-based private equity firm Welsh, Carson, Anderson & Stowe (“WCAS”). AIM is a leading provider of data management software products to the financial services industry. Under the terms of the transaction, which was announced on 14 January 2015, AIM’s existing management team will continue to operate the business and maintain a significant ownership stake in the company. WCAS is also investing primary capital in the business which will be used to further accelerate AIM’s expansion.

With more than 100 customers, and offices in Austria, Luxembourg, Switzerland, France, the UK, and the US, AIM offers best-in-class applications for the financial services industry.

WCAS focuses its investment activity in two target industries, information/business services and healthcare. Since its founding in 1979, the Firm has organized 15 limited partnerships with total capital of USD 20 billion.

The Schoenherr team advising on the AIM transaction consisted of Christian Herbst (partner; Corporate/M&A) and Maximilian Lang (attorney at law; Corporate/M&A). Swiss law aspects were advised by Michael Kloter Attorneys, Zürich.

WCAS was advised by Binder Grösswang, Vienna.

Matter Type
Fund/Investment Management
Industry
Technology, Media & Telecoms
News Category
M&A
Technology, Media & Telecoms