Sidley advised Summit Partners on its US$37 million investment in Appway AG, a leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions. The transaction is expected to close in June.
The Sidley team was led by Private Equity partner Dr. Jan Schinköth (Munich), with advice also provided by partners Erik Dahl (Private Equity, Munich), Dr. Roderic Pagel (Tax, Munich), Patrick Harrison (Antitrust/Competition, London), counsel Rosanna Connolly (Antitrust/Competition, London), senior associates Adam Runcorn (Private Equity/M&A, London) and Ervin Chan (Private Equity/M&A, Singapore), and associates Sebastian Walczak, Dr. Matthias J. Annweiler (Private Equity/M&A, Munich), Amelia McGrath (Private Equity/M&A, London), Chris Morgan (Employment, London), Brett R. Valentyn, Athena Aherrera (Private Equity/M&A, Chicago), Bryon A. Eagon (Real Estate, Chicago), Martha C. Clarke (Employment, Chicago), Nikita Ponomarev (Private Equity/M&A, New York) and Jason Shen (Private Equity/M&A, Hong Kong).