Leitz acquired 10% of shares in Net Right Technologies Inc.

We advised Leitz

HSCie Customer

Louis Leitz KG, Stuttgart, Deutschland
Louis Leitz KG is the inventor of the Leitz lever arch file and a market leader for filing products under the brand name Leitz in Germany.
www.leitz.de

Companies involved

NetRight Technologies (NRT) Inc., CA, USA
NRT is a leading company in electronic archiving and workflow specializing in specific user groups. The company has been renamed iManage in the meantime.

Transaction

The Louis Leitz KG subsidiary CSE Systems GmbH purchased a 10% share in NRT Inc. in the wake of a capital increase. The capital was used to continue refining the iManage product and for developing the market. The aim of the transaction was internationalization and increase in product competence as part of the strategy to transfer the Leitz brand to electronic archiving.

Task

HSCie advised Louis Leitz KG on the acquisition process regarding, amongst others, valuation, due diligence and negotiations.

Year: 1997
Transaction value: Not published
Industry: TMT/IT/Internet
Business field: Mergers & Acquisitions

Further Transactions