Deals & Cases

Homburger advised DPE Deutsche Private Equity GmbH (DPE) on the unitranche financing of its investment in BE-terna

BE-terna is a leading full-service provider of enterprise resource planning systems (ERP) in Germany, Austria and Switzerland. A revolving credit facility was also arranged in conjunction with the unitranche financing. The transaction has already been completed.

The BE-terna Group has a turnover close to EUR 70 m, employing almost 500 people across 12 sites in Germany, Austria and Switzerland. BE-terna plans to use DPE’s investment to stimulate strong organic growth in its core business areas, to continue to broaden its service portfolio and to focus on strategic purchases for medium-term expansion.

DPE has around EUR 1.2 bn in assets under management and is an independent German investment company and one of the largest growth capital providers in Germany. Its investment focus is on SMEs in Germany, Austria and Switzerland in sectors with positive long-term growth prospects. Since being established in 2007, DPE has invested in a total of 24 companies which have made 53 follow-up investments and now employ more than 7,400 people.

Homburger advised DPE with regard to all Swiss law related aspects of the unitranche financing. The Homburger team was led by partner Jürg Frick (Financing and Investment Products) and included partner Stefan Oesterhelt (Tax) as well as associates Stefan Bindschedler and Urs Meier (both Financing and Investment Products) as well as paralegal Ganna Goncharova (Financing and Investment Products).