DLA Piper advises Keensight Capital on the acquisition of a majority stake in ACTICO Group

DLA Piper has advised Keensight Capital on the acquisition of a majority stake in ACTICO Group. ACTICO Group’s leadership team and existing shareholder Bregal Unternehmerkapital Funds (BU Funds), the largest mid-cap investor headquartered in the DACH region, will reinvest alongside Keensight Capital.

An established leader in the DACH market, ACTICO Group serves over 300 clients globally. The company has enjoyed strong commercial traction in recent years, following significant investment in its cloud capabilities, integrability, and machine learning and AI capabilities in collaboration with the BU Funds. ACTICO Group has continued to grow in Europe, while also winning new clients in the Americas and Asia, as banks and insurers are increasingly pushed to adopt more modern tooling to meet sophisticated regulatory and customer requirements worldwide.

ACTICO Group plans to cement its market position in existing geographies and accelerate internationally, while continuing to invest in expanding its product suite over the coming years. The company’s products seamlessly integrate with globally leading technological partners and will continue expanding its technology and implementation partnerships. Keensight will support the acceleration of ACTICO Group’s international development and product roadmap, both organically and via acquisitions.

Keensight Capital is one of the leading private equity managers dedicated to pan-European Growth Buyout investments. With over 25 years of experience and EUR5.5 billion in assets under management, Keensight invests selectively in profitably growing companies with revenues of between EUR10 million and EUR400 million. Keensight is active in more than 90 countries worldwide with a presence in Paris, London, Boston and Singapore.

BU Bregal Unternehmerkapital is a leading investment company with offices in Zug, Munich, Milan and London. With EUR7 billion of capital raised to date, BU is the largest mid-cap investor headquartered in the DACH region.

The DLA Piper team was led by partner Lars Jessen (Private Equity/M&A, Frankfurt) with counsel Till Burmeister (Private Equity/M&A, Hamburg), Sven Bischoff (Tax, Frankfurt), senior associate Daniel Osmanovic and associate Felix Groppenbächer (both Corporate/M&A, Frankfurt) in the core team.

They were supported by partners Dr Nico Brunotte (IT, Hamburg), Semin O (Antitrust), Dr Wolfram Distler (Finance; both Frankfurt), Dr Henriette Norda (Employment) and Verena Grentzenberg (Data Protection; both Hamburg); senior counsel Dr Ute Brunner-Reumann (Finance/Regulatory, Frankfurt); counsel Dr Enno Ahlenstiel (Antitrust, Cologne), Georg Haberkorn (Pensions, Munich) and Patrick Reuter (Finance, Frankfurt); senior associates Andreas Rüdiger (Data Protection), Ina Fey (Antitrust, both Cologne) and Rainer Hartmann (Tax, Frankfurt); as well as associates Jonas Riesenkampff (IP/IT), Philipp Schmechel (Data Protection; both Hamburg), Dr Philipp Adelberg (Data Protection, Cologne), Franziska Golombek (Employment, Hamburg), Jannik Becker (Tax) and Victoria Adouvi (Finance/Regulatory; both Frankfurt).