Waterland Private Equity ("Waterland") and IT system provider netgo entered into a partnership aiming at a further acceleration of the company’s growth. The service portfolio of netgo is to be expanded via targeted acquisitions. netgo founders Patrick Kruse and Benedikt Kisner will retain a significant stake in the company and will continue to serve as managing directors. Founded in 2007, netgo group now has a staff of about 350 across 17 different locations.
Hengeler Mueller advised Waterland on the transaction. The team was led by partner Alexander Nolte (M&A) and included partners Thorsten Mäger (Antitrust), Dirk Uwer (Public Law) (all Düsseldorf), Hendrik Bockenheimer (Employment) and Nikolaus Vieten (Financing) (both Frankfurt), Counsel Gunther Wagner (Tax, Munich) and Patrick Wilkening (IP/IT, Düsseldorf) as well as associates Sebastian Bauer (Real Estate), Antonia Bautsch (M&A), Hermann Dahlitz (Management Participation) (all Berlin), Sebastian Dworschak (Antitrust), Norman Koschmieder (Public Law) (both Düsseldorf), Marius Mayer (Employment), Miriam Peter (Financing) (both Frankfurt), Tobias Schneiders, Marc Seeger (both M&A) and Tianyuan Zhuang (IP/IT) (all Düsseldorf).
