act legal Germany advised the shareholders of Proventa AG on the sale of a stake to a subsidiary of Venitus IT Solutions GmbH, providing comprehensive legal and tax advice.
The sale of this stake exemplifies the ongoing consolidation of the German IT services market. act legal Germany supported the shareholders throughout the entire transaction process with an interdisciplinary team from the M&A/Private Equity, Employment and Tax departments.
Proventa AG, headquartered in Frankfurt, has been one of Germany’s established IT consulting firms since 1992, specializing in digital transformation, open-source databases, process automation, secure IT infrastructure and data architecture (KRITIS). With offices in Frankfurt and European nearshore units, the company is particularly active in public institutions, energy, healthcare, administration and other security-relevant sectors.
Munich-based Venitus IT Solutions GmbH develops and operates secure, scalable IT infrastructures and strengthens its market position through targeted investments in complementary technology companies.
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