Global law firm Goodwin has advised LEA Partners GmbH (“LEA”) on the financing of the acquisition of ORCA Software GmbH (“ORCA”).
The founder and sole shareholder of ORCA Software GmbH and its sister company ORCA-online GmbH, Heinz Nießen, has sold all of his shares indirectly to funds managed by LEA to pass the companies on to the next generation.
Founded in 1990, ORCA Software GmbH is a leading software company in the construction industry. More than 110 employees work at the Neubeuern headquarters near Rosenheim. The ORCA AVA and AUSSCHREIBEN.DE product brands primarily support architects, engineers, specialist planners and product manufacturers with intuitive tools that offer excellent data quality and planning reliability.
LEA Partners is an entrepreneurial-minded multi-stage private equity firm investing in technology companies that are driving transformative change in their industries. Founded in 2002, LEA Partners has advised on the investment in more than 70 companies. Its mission is to fund and support ambitious founders and executives by leveraging them with practical, hands-on growth expertise to achieve market leadership.
Goodwin’s transaction team was led by Munich partner Winfried M. Carli and Frankfurt associate Marius Garnatz and included Frankfurt associate Rebecca Stöcklein (all Private Equity/Finance) as well as Munich tax partner Oded Schein.