bpv Huegel supported Cloudflight Austria GmbH, a Deutsche Beteiligungs AG company, in the acquisition of the Upper Austrian mobile agreements GmbH, a successful and leading company with a focus on digital strategy and business model development. The bpv Huegel team led by Elke Napokoj advised Cloudflight, which belongs to Deutsche Beteiligung AG, on the acquisition of the family-owned mobile agreements GmbH. The bpv Huegel team provided comprehensive advice to the Cloudflight team, including deal structuring, contract drafting, contract negotiations and all steps up to the closing.

Cloudflight is a full-service provider for industrial digital transformation in Europe. With more than 950 qualified employees from the areas of software development, cloud architecture, data science and strategic IT, the company enables the successful digitalisation of its customers. Cloudflight's expertise includes artificial intelligence, cloud applications and operations, embedded software development, human-machine interface design and global e-commerce solutions for B2B and B2C customers.

Founded in 2009, mobile agreements GmbH pursues a comprehensive consulting approach for digital strategy and business model development. The award-winning design competence and strong AI expertise is paired with an excellent service and support concept.

The transaction was closed at the end of August 2022.

Advisors to Cloudflight: bpv Huegel – Elke Napokoj (Lead, Corporate/M&A), Daniel Grimmer (Corporate/M&A), Michaela Pelinka (M&A/Real/Estate), Sonja Dürager (IP/IT), Walter Niedermüller (Labour Law)

Consultant Cloudflight Germany: Momentum – Matthias Heilmeier

Cloudflight M&A Team: Christoph Oberhaus, Markus Helmle, Benjamin Wolfinger

Advisors to the sellers: Waitz Rechtsanwälte GmbH – Dr. Cornelia Waitz-Ramsauer and Doris Atzmüller.