Overview
Munich, May 24, 2024 – With a team led by Holger Ebersberger and Thomas Diekmann, McDermott Will & Emery represented Levine Leichtman Capital Partners-backed cleversoft Group on its acquisition of tetralog systems AG.
The acquisition enhances cleversoft’s service portfolio with WealthTech solutions for portfolio analysis and optimization, supporting its broader expansion strategy.
Founded in 2004 and headquartered in Munich, cleversoft is a leading provider of regulatory financial services technology. The group provides over 1,000 financial institutions worldwide with solutions to optimize business-relevant compliance processes.
Tetralog systems AG has been digitizing the investment advisory process for financial institutions in Europe for more than 30 years. Its customers include renowned Tier 1 banks and asset managers. As part of cleversoft Group, tetralog systems will continue to operate in the market under its traditional name.
Levine Leichtman Capital Partners (LLCP) acquired cleversoft from Main Capital in 2023. A team from McDermott Will & Emery also advised on this transaction.
The McDermott team was led by Holger H. Ebersberger and Thomas Diekmann and included Marion Dalvai-König, Armin Teymouri, Steffen Woitz, Lukas Deutzmann, Claus Färber, Florian Schiefer and Christian Rolf.