Morrison Foerster has advised Elvaston Capital Management on its sale of a significant minority stake in The Stonebranch, Inc. (Stonebranch) and its subsidiaries to EMH Partners.
Stonebranch, with headquarters in Atlanta, Georgia, USA, and Frankfurt/Main, Germany, develops IT coordination and automation solutions that transform business IT environments from simple task automation into sophisticated, real-time business service automation. Using the Stonebranch Universal Automation Platform, enterprises can seamlessly coordinate workloads and data across different technology ecosystems and silos. Stonebranch serves some of the world’s largest financial, manufacturing, healthcare, travel, transportation, energy, and technology institutions.
Elvaston Capital Management is a private equity firm specializing in investments into technology and enterprise software companies. Elvaston Capital Management has invested in the Stonebranch Group in 2017, and will retain a significant investment stake in Stonebranch, along with EMH Partners.
The transaction is still subject to common merger control approvals.
Morrison Foerster’s deal team included: Joerg Meißner, Partner; Monika Eva Obal, Counsel; Ercem Çardak, Senior Associate; Lisa Schnackenbeck, Associate (all PE/M&A, Berlin); Dr. Felix Helmstädter, Partner; Alexander Eisenfeld, Senior Associate (FDI & Sanctions, Berlin), James M. Brower, Partner (FDI & Sanctions, Washington DC); Jens Hackl, Counsel (Antitrust; all Berlin); Omar E. Pringle, Partner; Amy Huiya Chen, Associate; Rebecca Chacon Naranjo, Associate (all Corporate/M&A, New York); Fred Muna, Associate (Corporate/M&A, Washington); Brian Radigan, Partner (Tax, San Francisco).
