Global law firm Goodwin has advised Sophora Unternehmerkapital (“Sophora”) and its portfolio company auxalia on its refinancing and the financing of the acquisition of ICN Group B.V. (“ICN”) in the Netherlands. This acquisition marks the first step in the Buy-and-Build strategy developed jointly by Sophora Unternehmerkapital and auxalia.
The ICN Group, a renowned Autodesk Gold Partner and Autodesk Construction Cloud Elite Partner, offers comprehensive solutions and services in the field of Architecture, Engineering and Construction (AEC) and also Design & Manufacturing (D&M). With over 20 years of experience, ICN also operates the largest CAD webshop in the Benelux and is a developer of specialized Revit tools for the Dutch market.
auxalia has been one of the leading Autodesk-based software providers for the construction industry in the DACH region since 1987. As an Autodesk Platinum Partner and Autodesk Construction Cloud Elite Partner, auxalia distributes the entire Autodesk AEC and BIM portfolio.
By integrating ICN, auxalia strengthens its market presence in the Benelux region and expands its portfolio to include D&M and hardware. Another strategic element of the acquisition is the largest CAD webshop in the Benelux, which is also part of the deal.
Sophora Unternehmerkapital, based in Munich, is an independent and owner-managed investment company with a focus on medium-sized companies in Germany, Austria and Switzerland. As a value-creating partner of entrepreneurs and management teams of medium-sized companies, Sophora provides strategic and operational know-how as well as a comprehensive network of experts and flexible capital in order to jointly discover and develop potentials.
Goodwin’s transaction team was led by partner Winfried M. Carli and included associates Folko Moroni, Daniel Wagner, Rina Omura (Munich, Finance/private equity), Rebecca Stöcklein (Frankfurt, Finance/private equity) and partner Oded Schein (Munich, Tax).