Taylor Wessing advised the founders family of APIS Informationstechnologien GmbH, a specialist in failure mode and effects analysis (FMEA), on the sale to PeakAvenue, a leading provider of engineering and quality management software. The sale includes the subsidiaries in China and the USA. PeakAvenue is backed by software-investor Main Capital Partners.

APIS a German company headquartered in Wörth an der Donau, is one of the world's leading providers of FMEA and risk analysis software with 50 employees and a strong presence in the US and Asia. The software helps to systematically identify potential sources of error, evaluate possible consequences and prioritise their resolution. APIS's more than 1,500 customers include Infineon, ZF, Bosch and Schaeffler.

PeakAvenue is an international provider of software solutions specialising in engineering and quality management. The group employs a total of 200 people in Germany, the USA, the UK and China and has over 3,000 customers. Peak Avenue is backed by software-investor Main Capital Partners, which has assets under management totalling around six billion euros. Main Capital maintains an active portfolio of over 49 software companies. The transaction is closed.

Legal advisors Seller
Taylor Wessing: Dr. Christian Traichel, Dr. Rebekka Krause, Christian Dietz, all M&A (Munich); Dr. Adrian Birnbach, Judith Schüler, both Commercial Real Estate (Munich), Dr. Christian Ertel, Regulatory (Munich); Dr. Klara Pototzky, Annika Rahn, both Employment (Munich); Rudi Hasenberg, Dr. Philipp Weiten, both Tax (Frankfurt/Düsseldorf)