GÖRG advises LEA Partners on investment in IDL
[Frankfurt, ] GÖRG Partnerschaft von Rechtsanwälten mbB, under the leadership of its Frankfurt partner Dr. Tobias Fenck, has advised LEA Partners GmbH, a Karlsruhe-based private equity firm, on a two-digit million euro investment in the IDL Group (IDL), a leading provider of corporate performance management (CPM) software.
With this investment, IDL will significantly accelerate the further development of its CPM Suite and further expand its market position beyond the German-speaking region.
Advisors LEA Partners GmbH
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Tobias Fenck, Partner, Corporate/ M&A, Frankfurt
Dr. Lars Weber, M.C.L. Associated Partner, Corporate/ M&A, Frankfurt
Robert Schindler, Associate, Corporate/ M&A, Frankfurt
Markus Beyer, LL.M., Associated Partner, Corporate/ M&A, Frankfurt
Dr. Michael Heise, LL.M., Partner, IP/IT, Frankfurt
Dr. Heiko Reiter, Associated Partner, Labour, Frankfurt
About LEA Partners GmbH
LEA Partners GmbH is a venture capital and private equity firm focused on seed, early stage, growth and buyout investments. As an entrepreneurial equity partner, LEA Partners supports founders and management teams of innovative companies in their growth and achieving a leading market position.
IDL Group was founded in 1990 and specializes in technical consulting and the development of software solutions for integrated business management (CPM).
The IDL CPM Suite offers a powerful platform for modern CPM and BI solutions. With its software modules and apps, all financial processes and tasks can be covered consistently in one system: from integrated planning to the entire consolidation process for a verifiable legal consolidated financial statement as well as management consolidations, group reporting to disclosure management and control and monitoring in risk management.