A&O Shearman is advising DBAG Fund VIII, a private equity fund advised by Deutsche Beteiligungs AG (DBAG), on the acquisition of the MAIT Group (MAIT) from 3i Group plc (3i). The transaction is subject to customary regulatory approvals and is expected to complete in Q4 2025.
MAIT, headquartered in Rottweil, Germany, and generating revenues of more than EUR 200 million, is a leading IT services provider for mid-market customers in the DACH region, offering digitalisation solutions in the areas of Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP) and IT services. With over 900 employees at 25 locations in Germany, Austria, Switzerland and the Benelux countries, the company serves more than 7,000 customers, particularly from the manufacturing sector. According to the Lünendonk list, MAIT is one of Germany's top ten mid-market IT consultancy and software integration businesses.
The MAIT deal is the second transaction structured by DBAG within the space of just a few weeks (following DBAG's balance sheet investment in FinMatch).
Deutsche Beteiligungs AG is one of the leading listed private equity companies in Germany. It initiates and structures closed-end private equity funds and invests alongside these funds in well-positioned mid-market companies with development potential in the DACH region.
The international A&O Shearman team is led by partner Dr. Roman Kasten (Corporate/M&A/Private Equity) and also includes partners Dr. Heike Weber (Tax), Dr. Sebastian Schulz (Employment, all Frankfurt) and Catharina Glugla (Data Protection/Cyber/AI, Düsseldorf), counsel Dr. Jan-Hendrik Bode (Banking & Finance, Frankfurt), as well as senior associates Benjamin Maciejewski (Munich), Dr. Marcus Mackensen (Hamburg, both Corporate/M&A/Private Equity) and Anna Kräling (IP/IT, Düsseldorf). The team also includes associates Dr. Georg Dalitz, Johann Hornberg, Jonathan Berz, Nico Theiß (all Frankfurt), Felix Klammt (Munich), Danisha Idu (Amsterdam, all Corporate/M&A/Private Equity), Marius Reif (Corporate/M&A), Athanasios Giannakakos (Banking & Finance, both Munich), Anne Pelzer, Olga Schirschov (both Employment), Dr. Jan Henrich (Employment/Pensions, all Frankfurt), Jamie-Lee Frank (Banking & Finance, Amsterdam), Friederike Ehmler (Real Estate, Hamburg) and Felix Palmqvist (Tax, Frankfurt), as well as senior transaction lawyer Julia Khandogina (Hamburg) and transaction lawyer Mykola Oleksin (Frankfurt).
CERHA HEMPEL (partner Heinrich Foglar-Deinhardstein) is advising on matters of Austrian law, Bär & Karrer (partner Raphael Annasohn) on matters of Swiss law.
For DBAG, Dr. Matthias Döll (Director Legal) acted as inhouse legal counsel.