Pieter van den Berg
Partner | Lawyer
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BUREN advised Planon Group (Planon), the leading cloud-based software provider in Integrated Workplace Management Systems (IWMS), on the acquisition of 100% of the shares in the capital of control.IT Unternehmensberatung GmbH. Planon is the leading global provider of Smart Sustainable Building Management software that connects buildings, people and processes.
Control IT Unternehmensberatung GmbH, the largest software company specializing in real estate (RE) asset and portfolio management in the DACH region with its SaaS products bison.box and CollaborationApp. The acquisition also includes control.IT subsidiaries easol GmbH and Synapplix GmbH.
With this acquisition, Planon completes its Real Estate Management software offering and its ambition to become the leading RE software provider in Europe. Access to this one-stop shop for integrated, cloud-based software for portfolio management, development management, asset management, project control and property management will allow RE owners, investors and developers to counter existing and future challenges and create both financial and social value across their property portfolio.
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A warranty and indemnity (W&I) insurance is a mechanism used more often in the Netherlands M&A market to cover a seller’s liability in the case of a breach of more …