Deals/M&A

PwC advises shareholders of venITure on the sale to Adaptavist

Dusseldorf, 30th November 2022

Led by Dr. Johannes Auf dem Kampe, an international and multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal), PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany) and other consultants from the global PwC network advised the shareholders of venITure GmbH on the sale to Adaptavist Group Limited. The combined group now values above EUR 500 million.

Cologne-based software consultancy venITure is the fastest growing Atlassian enterprise solutions and work management partner in the DACH region, with operations in Germany, Turkey, Croatia, Bosnia & Herzegovina and the United Arab Emirates. venITure provides a full range of Atlassian solutions including cloud migration, agile at scale, work management and ITSM that help clients accelerate their transformation journey while building a lasting framework to support modern work.

London-based The Adaptavist Group is a global technology and innovative solutions provider, helping organizations boost agility and overcome the challenges of digital transformation. Founded in 2005, its team spans over 750 employees globally, with a 18,000+ customer base representing more than half of the Fortune 500. The acquisition marks Adaptavist’s expansion in Germany and Europe, and cements its leadership position as world’s largest, most successful Atlassian solution partner.

 

Advisors to venITure

PwC Legal (Duesseldorf):
Dr. Johannes Auf dem Kampe (Lead), Lars Benger, Rebecca Lappeßen, Valentin Ganzer, Gloria Müller (all Legal Deals)
Philipp Römer (IP/IT/Data Protection), Christina Rygula (IP/IT)

PwC Germany (Duesseldorf, Cologne, Hamburg):
Frank Kosner, Isabel Kluth, Katja Valder (all Corporate Tax)
Dario Nikolic, Parthena Mavrochoridou (both Accounting & Audit)
Steve Janner, Alicia Büll, Caroline Völker (all Advisory)

PwC UK (London, Manchester, Birmingham):
John Clegg, Michael J Brunock, Anna Hewitson (all M&A)

PwC Turkey (Istanbul, Izmir):
Yavuz Dayioglu, Karaca Kacar, Yasemin Kinay (all M&A)

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.

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About PwC:

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 151 countries with over 364,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

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