Milbank advised the founders and shareholders of Salesfive, a leading digital transformation consultancy, on the sale of a majority of their shares in Salesfive GmbH to Armira, a Munich-based holding group.
Salesfive is a holistic digitization partner for companies of all sizes with extensive expertise and know-how in all Salesforce clouds. Headquartered in Munich, the company has five locations and is one of the top five full-service Salesforce partners in the DACH region with more than 600 customers and over 750 projects. The founders and senior management of Salesfive have made a significant return investment as part of the transaction.
Milbank comprehensively advised Salesfive on corporate and tax law aspects of the transaction.
The Milbank team was led by partner Michael Bernhardt and associate Sebastian Dexheimer (both Corporate/M&A, Frankfurt) and included partner Matthias Schell (Tax, Munich) as well as the associate Viviane Opitz (Corporate/M&A, Frankfurt).
