Austria: Schoenherr advises Inflexion on acquisition of majority stake in European fintech Nomentia from PSG Equity and Verdane
Schoenherr advised Inflexion, a leading mid-market private equity firm, on the acquisition of a majority stake in the European fintech Nomentia from PSG Equity and Verdane.
The closing of the transaction, which is the fourth investment for Inflexion in the Nordics, is subject to regulatory clearances.
Nomentia is a European treasury and cash management software provider delivering a portfolio of solutions around bank connectivity, payments, cash visibility and forecasting, trade finance, and risk & reporting.
Inflexion Private Equity Partners LLP is a UK private equity firm, investing equity in high growth, entrepreneurial businesses with ambitious management teams and working in partnership with them to deliver growth.
The Schoenherr team advising on all Austrian aspects of the transaction was led by both Sascha Hödl (partner) and Zurab Simonishvili (attorney at law). It also included Teresa Waidmann (counsel), Johannes Frank (attorney at law), Nina Zafoschnig (attorney at law), Markus Fasching (associate), Alexander Pabst (associate) and Anna Visontai (associate).
Travers Smith acted as advisor to Inflexion on the UK law aspects and Roschier as advisor on the Finnish law aspects.