March 28, 2018

Milbank Advises on Financing for the Acquisition of Swyx Solutions by Waterland

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The international law firm Milbank LLP has advised the German office of Pemberton, the diversified asset manager, on a unitranche financing for the acquisition of Swyx Solutions by private equity investor Waterland.

Pemberton is backed by Legal & General Group PLC, one of Europe’s largest insurers. It is focused on delivering long-term capital for European borrowers, which in turn supports growth across the wider European economy.

Swyx Solutions with headquarters in Dortmund and branches in the United Kingdom and France is a market leading European communications software provider with a focus on connecting and integrating communication channels such as telephone, messaging, video and email within the internal process systems of its customers. Founded in 1999, its distribution network comprises more than 1,200 trading partners and serves approx. one million customers in 24 countries.

A Milbank team led by partner Mathias Eisen comprehensively advised Pemberton on this transaction.

Advisor to Pemberton: Milbank LLP

Mathias Eisen (lead), Thomas Ingenhoven, Katja Lehr, Gerrit Merkel (all Finance), Jörg Neubauer (Corporate, all Frankfurt)