Deals & Cases
KKR sells final part of its investment in SoftwareONE
Lenz & Staehelin advised KKR and the heirs of Patrick Winter on a share sale and placement of approx. 8.6 million shares in SoftwareONE Holding AG, a leading provider of end-to-end software and cloud technology solutions headquartered in Switzerland and listed on the SIX Swiss Exchange. The sale and placement with a market value of approx. CHF 215 million was effected pursuant to a block trade with J.P. Morgan Securities plc who placed the shares on the market in an accelerated book build. It is scheduled to close on September 10, 2021. By the transaction, KKR is successfully exiting its six-year investment in SoftwareONE.
The Lenz & Staehelin team advising KKR consisted of partner Matthias Wolf and senior associate Patrick Schärli.