Dechert Advises FLEX Capital on Acquisition of Evo IT

Dechert advised FLEX Capital on the acquisition of EVO IT GmbH, a well-established custom-software developer headquartered in Vienna with additional sites in Zurich and Poprad (Slovakia).

Evo IT operates under the brands Evolit and Evol.X and has built a reputation as a reliable IT services partner for demanding sectors such as mobility, energy, critical infrastructure, the public sector, real estate and industry in the DACH region.

Combining technological excellence with practical, business-driven development, Evo IT under the Evolit brand delivers end-to-end bespoke software spanning consulting, development, operations and maintenance and through Evol.X crafts digital customer experiences using customized CRM and marketing automation on leading platforms.

FLEX Capital is a rapidly growing private equity fund founded by successful entrepreneurs that invests in profitable and growing companies in the German internet and software mid-market.

The Dechert team that advised FLEX Capital included private equity partner Dominik Stühler, counsel Tobias Hugo and associate Adriana Worms.

About Dechert

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For more than 150 years, we have advised clients on critical issues - from high-stakes litigation to first-in-market transaction structures and complex regulatory matters. Our nearly 1,000 lawyers in commercial centers worldwide are immersed in the key sectors we serve - financial services, private capital, real estate, life sciences and technology.

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