Flick Gocke Schaumburg has advised Target Partners on the sale of its stake in Treasury Intelligence Solutions (TIS) to Marlin Equity Partners.
The agreement is subject to customary regulatory clearance. A closing of the transaction is expected in the second quarter.
Advisor Target Partners: Flick Gocke Schaumburg
Matthias Full (Lead), Corina Hackbarth (both Private Equity/Tax), Dr. Bettina Wirth-Duncan (Corporate/M&A)
Target Partners, founded in 1999, is one of the leading venture capital investors in Germany, investing in early-stage technology companies. The Munich based company has approximately 330 million EUR under management.
TIS is a global leader in cloud-native cash management, liquidity and payment solutions with 80 billion USD in daily cash managed and 2.7 trillion USD in annual transaction volume.
Target Partners has already been a long-standing client of Flick Gocke Schaumburg’s fund structuring practice. <<<
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