Milbank advised Maguar Capital Partners on the financing for the acquisition of a majority stake in Ingentis Softwareentwicklung GmbH. EMZ Partners acted as financing partner as well as co-investor to Maguar Capital Partners and the Ingentis founders. The founders will remain with the company as managing partners. The partnership with Maguar is intended to help further expand Ingentis' global presence.
Ingentis is a provider of HR software for the visualization and management of organizational structures and networks to support human resource management. The company is headquartered in Nuremberg, Germany, and has an additional office in the United States. The company was founded in 1997 and has more than 2,000 customers in over 100 countries.
Maguar Capital Partners, based in Munich, focuses its investments on medium-sized B2B software in the DACH region. The Maguar team has in-depth entrepreneurial know-how and many years of management experience in the technology industry, including more than 35 years of CEO experience with software companies and more than 10 years in private equity. Gunther Thies and Matthias Ick, founding partners of Maguar, say: "We are very pleased to be working with Ingentis and its founding team. The company has positioned itself as a market leader in a very attractive area based on high-quality software solutions and strong customer relationships. We are very confident that we can continue to build on this foundation to take Ingentis to the next level."
Milbank advised Maguar Capital Partners on the financing aspects of the transaction.
The Milbank team was led by partner Barbara Mayer-Trautmann and included associates Jennifer Seipelt and Anna Merkl (all Finance, Munich).
