Taylor Wessing advises the shareholders of BridgingIT on a majority sale to SPIE group

With a team led by Munich-based partners Dr Peter Hellich and Dr Daniel Schrembs, Taylor Wessing legally advised the shareholders of Mannheim-based BridgingIT GmbH on the sale of a majority of shares to French SPIE Group. 

According to the agreement, SPIE, the European market leader for multi-technical services in the energy and communications sectors, will acquire 75.1% of BridgingIT. The final closing of the transaction is expected to happen in Q/4 2023, subject to antitrust clearance. In the course of the transaction, the members of Bridging IT’s management team will remain shareholders and will continue to drive the company’s business.

BridgingIT is a consulting and services company for digital transformation. It offers a broad spectrum, from strategic consulting on digital business models and innovations to IT consulting and implementations, such as digital platforms and architectures, software engineering or analytics and data-driven solutions, to managed services. The company is headquartered in Mannheim and has around 700 employees at ten locations in Germany.

SPIE Germany & Central Europe, a subsidiary of SPIE Group, the leading multi-technology service provider for buildings, facilities and infrastructures in Germany, Austria, Poland, the Czech Republic, Slovakia and Hungary. SPIE offers solutions for buildings and facilities, from technical facility management, energy efficiency solutions and industrial services to technical building equipment, automation technology and electrical energy and building technology; solutions for energy infrastructures from network expansion to distribution networks, planning of energy services, asset management and smart grid services; solutions for communication and security around IT solutions, communications & collaboration solutions and security technology solutions, as well as solutions for (electrical) mobility and the transport and railway infrastructure. With around 18,000 employees, SPIE Germany & Central Europe is present at 250 locations.

Legal adviser BridgingIT GmbH

Taylor Wessing Germany: Dr Peter Hellich (Partner), Dr. Daniel Schrembs, LL.M. (Salary Partner) (both Lead Partner), Fritz Krings, (Associate, all Corporate / M&A, Munich), Inken Brandt (Associate, Corporate TMC, Munich), Stephan Manuel Nagel, LL.M. (Partner, Düsseldorf), Niklas Melzer (Associate, Hamburg, both Competition, EU & Trade), Rudi Hasenberg (Salary Partner), Hai Nam Nguyen (Assessor, both Tax, Frankfurt a. M.)

MTJZ Rechtsanwälte: Dr Tilman Schrecker (Partner), Anna Krzyzanowski, LL.M, Anna Laudenbach

Houlihan Lokey: Malte Abrams, Frederik Gradl, Tom Fuchs, Alexander Hollmann

beratergruppe:Leistungen: Rolf Lehmann

Legal advisor SPIE-Gruppe

Latham & Watkins LLP: Dr Ingo Strauss, Dr Lucas Schweitzer, Katharina Intfeld, Dr Katharina Steinbrück