Osborne Clarke advises Allgeier SE on acquisition of US company Objectiva Software Solutions

Written on 12 June 2018

Osborne Clarke advises Allgeier SE on the acquisition of California-based Objectiva Software Solutions, Inc. With this transaction, Allgeier is strengthening its international software development business in the Technology business segment in the US and Asia. Objectiva Software Solutions, Inc. generated revenues of around USD 24 million with an operating EBITDA margin of around 10 percent in the past fiscal year.

Objectiva specializes in software development solutions and cross-platform technology implementation, especially in e-commerce and content solutions. The company has an excellent customer base and sales network in the US market and two development centers in Beijing and Xi’an, China with about 450 highly qualified software resources.

The share purchase agreement is expected to be closed before the end of this month.

An Osborne Clarke team led by partner Philip Meichssner advised Allgeier on this transaction. The team included Dr Nanni Spitzer, Natalie Merkle, Enno Dreier (all Corporate / M&A) and Dr Sebastian Hack (antitrust).

Osborne Clarke advises Allgeier regularly on transactions and the day-to-day business.