Munich — Bearing­Point sells its inde­pen­dent Regu­la­tory Tech­no­logy (RegTech) divi­sion to leading private equity inves­tor Nordic Capi­tal in a share deal. The closing of the tran­sac­tion with Nordic Capi­tal is subject to custo­mary regu­la­tory appr­ovals. The finan­cial terms of the tran­sac­tion were not disc­lo­sed. DLA Piper advi­sed Bearing­Point on this transaction.

The tran­sac­tion is the result of a stra­te­gic process to acce­le­rate the growth of the RegTech divi­sion as a soft­ware company provi­ding specia­li­zed, profes­sio­nal and mana­ged services along the regu­la­tory value chain. Bearing­Point will conti­nue to act as a stra­te­gic consul­ting part­ner and retain a mino­rity stake in RegTech.

RegTech is a leading inter­na­tio­nal provi­der of inno­va­tive solu­ti­ons in the areas of regu­la­tory and risk tech­no­logy, tax tech­no­logy and report­ing services along the regu­la­tory value chain. Through close cont­act with regu­la­tors and as a member of key stan­dards commit­tees, RegTech is actively invol­ved in the draf­ting and deve­lo­p­ment of regu­la­tory stan­dards. With more than 25 years of expe­ri­ence in the indus­try, RegTech is firmly estab­lished as a market leader in Europe.

Bearing­Point is a leading global inde­pen­dent manage­ment and tech­no­logy consul­ting firm with a network of consul­tants that includes more than 10,000 employees and supports clients in over 70 count­ries. The company opera­tes in three busi­ness areas: The first covers the consul­ting busi­ness and focu­ses on five key areas to drive growth in all regi­ons. The second unit provi­des IP-driven mana­ged services beyond SaaS, offe­ring its custo­mers mission-criti­cal services that support busi­ness success. The third unit provi­des soft­ware solu­ti­ons for successful digi­tal trans­for­ma­tion and regu­la­tory requi­re­ments. It is also focu­sed on explo­ring inno­va­tive busi­ness models with custo­mers and part­ners by funding and deve­lo­ping start-ups.

Advi­sor Bearing­Point: DLA Piper
Lead Part­ner Dr. Thomas Schmuck, Senior Asso­ciate Dr. Chris­tian Marz­lin. The other team members were part­ners Andreas Füch­sel (all Corporate/M&A), Dr. Marie-Theres Rämer (Tax, all Frank­furt), Jan Pohle (IPT), Prof. Dr. Ludger Gies­berts (Lit&Reg, both Colo­gne) and Semin O, coun­sel Sergej Bräuer (both Anti­trust, Frank­furt), Dr. Thilo Streit (Lit&Reg) and Dr. Thors­ten Ammann (IPT, both Colo­gne), senior asso­cia­tes Niklas Mangels, Phil­ipp Groll (both Corporate/M&A), Miray Kavruk (all Frank­furt) and France Vehar (Colo­gne, both IPT), and asso­cia­tes Phil­ipp Meyer (Corporate/M&A, Frank­furt) and Andreas Rüdi­ger (IPT, Colo­gne). DLA Piper teams from the UK, Ireland, the Nether­lands, Austria, Finland, Sweden and Roma­nia were invol­ved in the consultancy.

The project was mana­ged in-house at Bearing­Point by Dr. Andreas Schöp­perle, Foto (Group Gene­ral Coun­sel) and Rainer Schö­ner (Senior Coun­sel). The tran­sac­tion was mana­ged at Bearing­Point by the M&A unit within Bearing­Point Capi­tal, led by Patrick Palm­gren toge­ther with Andreas Flach (Bearing­Point Chief Finan­cial Officer).

About DLA Piper
DLA Piper is one of the world’s leading commer­cial law firms, with offices in more than 40 count­ries in Africa, Asia, Austra­lia, Europe, the Middle East, and North and South America. In Germany, DLA Piper is repre­sen­ted by more than 240 lawy­ers at its offices in Frank­furt, Hamburg, Colo­gne and Munich.