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CMS advises Signavio on investment by Summit Partners

Global investment firm Summit Partners is taking a EUR31 million minority stake to support the growth of Signavio, a provider of SaaS-based software for business process and decision management.

CMS Germany’s Berlin-based technology team headed by partners Dr Jörg Zätzsch, Jesko Nobiling and Dr Ole Jani advised the Signavio founders on all legal aspects of the transaction. 

Zätzsch says: "Signavio is regarded as a hidden champion in the Berlin start-up scene. Summit will undoubtedly prove to be a very important partner for expanding the business, especially in Europe, North America and Asia." During the year, the Berlin technology team has advised on a number of transactions in the field of technology and digital business models, including the recent sale of kfzteile 24 to EQT.

Founded in 2009, Signavio GmbH is headquartered in Berlin and has offices in Singapore and Sunnyvale, California. The company has around 100 employees and offers cloud-based software that helps more than 800 businesses worldwide to efficiently design, implement and manage complex processes, decisions and workflows.

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