SNP Schneider-Neureither & Partner SE (XTRA:SHF) signed an agreement to acquire 74.9% stake in EXA AG on February 25, 2021. The remaining 25.1% will remain owned by Divya Vir Rastogi, Chief Executive Officer and co-founder of EXA, including a Put-Option in 2024 and a Call-Option in 2025. The transaction was approved by the SNP Board on February 23, 2021. Divya Vir Rastogi will remain on board and join SNP Schneider-Neureither & Partner SE. IMAP acted as financial advisor to EXA AG.

SNP Schneider-Neureither & Partner SE (XTRA:SHF) completed the acquisition of 74.9% stake in EXA AG for €10.5 million on March 1, 2021. The financials of EXA AG for the year ending December 31, 2020, are revenues of €10 million and operating loss of €2.5 million.