Taylor Wessing advises Kreissparkasse Esslingen-Nürtingen on the Financing of BWK’s Acquisition of a Majority Stake in CONSILIO GmbH

BWK GmbH Unternehmensbeteiligungsgesellschaft (BWK) is acquiring a majority stake in CONSILIO GmbH, headquartered in Aschheim near Munich. Since founding the company in 1997, Jürgen Löhle has built CONSILIO into a leading mid-sized SAP consulting firm with more than 200 employees. BWK's investment forms part of a succession plan. Jürgen Löhle will, however, continue to serve the company as Managing Director and shareholder. In addition to the existing partner-shareholders, a broad group of CONSILIO employees has also acquired equity stakes in the company.

A team led by financing expert Ulf Gosejacob advised Kreissparkasse Esslingen-Nürtingen on the financing of the acquisition. "Business services companies continue to be a key target for investors. We are pleased to advise clients on these investments with the technical expertise and regulatory know-how required for such transactions," said Ulf Gosejacob, Partner in the Banking & Finance practice at Taylor Wessing.

CONSILIO GmbH is an independent, internationally active SAP consulting firm supporting clients throughout the entire SAP IT lifecycle, from strategic planning to technical implementation. As an SAP Gold Partner, CONSILIO advises leading industrial companies across sectors including automotive, mechanical and plant engineering, chemicals and pharmaceuticals, and food and beverages. The company operates from ten locations across Germany, Switzerland, Bulgaria and the United States.

BWK GmbH Unternehmensbeteiligungsgesellschaft (www.bwk.de), headquartered in Stuttgart, is one of Germany's longest-established private equity firms and pursues a long-term investment strategy. Founded in 1990, the company focuses on medium-sized businesses and employs 13 professionals. BWK manages approximately EUR 300 million of investment capital and currently has around EUR 150 million invested across 13 portfolio companies.

Legal Adviser to Kreissparkasse Esslingen-Nürtingen
Taylor Wessing Germany: Ulf Gosejacob (Partner, Lead), Dr. Michael Beyer (Salary Partner), Korbinian Zellner (Senior Associate) and Victoria Meyer (Associate), all Finance; Dr. Marcel Leines (Salary Partner, Corporate).