Crowe BPG advises BIP on participation in SEP AG

BIP Capital Partners (“BIP”), Luxembourg, has acquired a majority stake in SEP AG (“SEP”) from the founding family and their co-shareholders as part of a succession solution with the investment fund BIP Interim SCSp, which it advised.

SEP, based in Holzkirchen near Munich, develops and distributes enterprise-wide data protection solutions. Its core product is SEP sesam, the backup and recovery software for virtual and physical environments. SEP has a strong partner network and satisfied customers in over 45 countries. SEP AG was founded in 2003 by Georg Moosreiner and others. The co-founders Susanne Moosreiner, Rainer Seyerlein and Ewald Einwanger will remain minority shareholders in SEP and will focus on implementing SEP's growth strategy in their current roles. The company currently employs 40 people.

The Crowe BPG team (crowe-bpg.de), which was responsible for the financial due diligence and the commercial contract negotiations, consisted of Andreas Hoffmann, WP and Partner (overall management), Martin Brinkfort, Manager (Financial), Holger Redle, Senior Associate (Financial) and Philipp Jans, Associate (Financial).

 

Source: Deal Advisors by Majunke