PwC Legal and PwC Germany advise sevdesk and its shareholders on their exit transaction
Berlin/Stuttgart, 8 January 2025
A multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany) has provided comprehensive legal, tax, financial and M&A-advice to sevDesk GmbH (sevdesk) and its shareholders on the sale of sevdesk to Cegid SAS. Cegid, the French management software development company with its seat in Lyon, France, acquired 100 percent of the shares in sevdesk from inter alia the early-stage investors Wecken & Cie and LEA Venturepartner as well as later stage investors Arena Holdings, Rocket Internet and GFC.
Since launch in 2013, sevdesk has emerged as a rapidly growing provider of digital invoicing and accounting solutions with focus on Germany and Austria. The company offers a cloud-native web and app platform specifically designed to meet the specific needs of Micro and SMB businesses. sevdesk simplifies and streamlines accounting tasks, including invoicing, VAT pre-filing, income and expense tracking, tax compliance support, and seamless collaboration with tax advisors. The platform emphasizes automation, user-friendliness, and integration with a wide range of technologies. Over 130,000 customers from more than 100 industries rely on sevdesk’s innovative accounting solution. Today, 230 employees work for the company’s customers across the company’s headquarters in Offenburg, its office in Berlin and in hybrid models.
Advisors to sevdesk
PwC Legal:
Gerhard Wacker (lead), Dr. Minkus Fischer (co-lead), Lars Spiller, Linda Kohal, Stephan Söbbeke, Markus Breitenbücher, Annalena Peric, Alexander Schmidt, Hannah Henning (all Deals/M&A), Susanne Zühlke, Justus Lucka (both Antitrust Law, Berlin), Lukas Lundbek, Janina Thieme, Katharina Ulrich (all IP/IT/Data protection)
PwC Germany:
Marco Zeidler, Moritz Büttner, Lennart Buchhauser, Dilusha Abeywickrema (M&A), Oliver Rösch, Alexander Friedheim, Kevin Focke, Dominik Wilhelm (Tax), Tim Leitzke, Luisa Korsch (Finance), Enrico Reiche, Alexander Severin, Konrad Curth (VMA)
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 Germany:
Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our expert network in 149 countries. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them.
PwC Germany. More than 15,000 dedicated people at 20 locations. €3.05 billion in turnover. The leading auditing and consulting firm in Germany.
