Deals/M&A

PwC advises BE-terna Enhancement GmbH on its acquisition of the Swiss AI- and automation expert BOYDAK Automation AG

Hamburg, 8th December 2021

An international and multidisciplinary team from PricewaterhouseCoopers AG Rechtsanwaltsgesellschaft (PwC Legal), PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany), and other advisors from the network of PricewaterhouseCoopers (PwC) has advised BE-terna Enhancement GmbH (BE-terna) on its acquisition of BOYDAK Automation AG (Boydak).

PwC Legal has provided comprehensive legal advice to BE-terna, in particular with regard to the due diligence, negotiation and conclusion of the share purchase agreement. PwC Germany advised BE-terna on finance and tax issues.

BE-terna, with its seat in Leipzig, is one of the leading European providers of ERP-, BI‑, CRM- and HRM-solutions and offers full service in the areas of business software and business process management. The highly motivated team of over 900 consulting, development and IT experts supports more than 1,600 customers worldwide – mostly in international projects. BE-terna is a Gold Microsoft Partner and a two-time member of the prestigious club of the world’s most powerful Microsoft partners – the Inner Circle. BE-terna is also a Gold Partner of Infor and Qlik Elite Partner.

Boydak is based in Zurich and, with over 50 large enterprises and public administrations as customers, a leading partner in the implementation of process automation solutions with artificial intelligence (AI) and robotics. The company works closely with software providers to deliver pragmatic and scalable solutions for restructuring and intelligent automation of business processes.

Advisors to BE-terna Enhancement GmbH

PwC Legal Germany:

Ivo Dreckmann (lead), Dr. Danielle von Hegel, Lars Lübbers, Dr. Xiaoxi Zhang (all corporate/M&A)

PwC Legal Switzerland:

Benjamin Fehr, Manuel Ulrich (both corporate/M&A), Ivana Vidakovic (labour law)

PwC Legal Cyprus:

Panayiotis Panayides, Tatiana Sofianou, Natalie Glykys (all corporate)

PwC Germany:

Dr. Henri Blankemeyer, Jan Fiebig, Daniel Haas (all transaction services)

Alke Fiebig, Johann Missal, Christian Schubert, Alexander Ziegelmaier, Jenny Urff (all tax)

PwC Switzerland:

Marcel Angehrn, Thomas Patt, Shona Schmitter, Carolin Metzler (all tax)

Advisors to the Sellers

Künzi Hess MacNab Rechtsanwälte, Zurich (Saskia Cruchon)

Equiteq Advisors (M&A Advisors, London)

About PwC Legal Business Solutions:

In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.

PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.

About PwC:

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum. Find out more at www.pwc.com.

In this document, PwC Germany refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each member firm of PwCIL is a separate and independent legal entity.

The term PwC refers to the PwC network and/or one or more of the legally independent network companies. Further details can be found at www.pwc.com/structure.

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