CORVEL advises Altamount Software GmbH on the acquisition of the Mobility business unit from PSI Software SE (Prime Standard Deutsche Börse).
The business unit, managed by PSI Transcom GmbH, is a software provider with around 100 employees in Germany and Poland and a focus on mobility solutions for personnel and vehicle availability as well as traffic control in transport companies and public transport, in particular with a high growth dynamic in the marketing of software solutions for electric bus depots.
The execution requires the approval of the Federal Ministry for Economic Affairs and Climate Action, as PSI Transcom's products are considered critical infrastructure in Germany.
Altamount Software acquires and develops highly specialized “mission-critical” software companies in the areas of critical infrastructure, regulated industries and governance, risk and compliance. Altamount is backed by the globally active and listed holding company CHAPTERS Group AG.
Advisors Altamount Software GmbH
CORVEL (Hamburg): Dr. Felix Brammer (Corporate, lead), Tobias Brandenburg (Corporate), Dr. Philipp Jacobi (Corporate, carve-out)
SCHRAMM MEYER KUHNKE (Hamburg): Dr. Matthias Lodemann (Labor Law)
Hamburg, 23 December 2024