EQT Mid Market Investment Strategy, Pinova Capital, BIP Investment Partners S.A. (ENXTBR:) and the management of Utimaco agreed to acquire Utimaco GmbH from Pinova Capital, BIP Investment Partners S.A. (ENXTBR:) and the management on October 21, 2016. Pinova Capital, BIP Investment Partners S.A. (ENXTBR:) and the Management will re-invest significant parts of their proceeds and remain minority investors. NIBC Bank Deutschland AG and SEB AG provided funding for the transaction. Utimaco reported an annual turnover of €40 million in 2015. The acquisition is subject to regulatory approval including antitrust approval. Fredrik Åtting acted as an investment advisor to EQT Mid Market. The investment will be used to further accelerate the growth of Utimaco worldwide with a particular focus on expanding its footprint in North America.

Gerald Thomas and Richard Schäfer of Taxess acted as accountant and Michael Roos and Markus Herz of Roos Legal acted as legal advisor to Pinova Capital and BIP Investment Partners. Raymond James & Associates acted as financial advisor for Utimaco, PINOVA Capital, BIP Investment Partners and the Management. Christoph Brenner, Bernhard Schmaderer, Simon Vogel, Christian Rodorff, Adrian Dengler, Markus Schmid, Tilman Siebert, Michaela Westrup, Helge Aulmann, Sabine Schomaker, Ulf Gosejacob, Michael Beyer, Barbara Geck, Daniela Gudat, Florian Biesalski, Stefan Krüger, Massimo Bellitto-Grillo, Stefan Peintinger and Matei Ujica of Studio King & Wood Mallesons acted as legal advisor for EQT Mid Market. Anne Grewlich, Oliver K. Hahnelt, Ulrich Heinemann, Anna Jevsejeva, Martin Bünning, Philip Cavaillès of Ashurst acted as advisors for NIBC Bank Deutschland AG and SEB AG. Sabine Schomaker, Ulf Gosejacob and Jacqueline Urbing of Taylor Wessing acted as legal advisor to EQT on financing of the transaction. Shearman & Sterling acted as legal advisor to Pinova Capital and BIP Investment.