Skaylink’s Acquisition of root360

Hengeler Mueller advised Skaylink on the transaction. CMS advised root360 GmbH.

Skaylink, a European cloud service provider and a portfolio company of Waterland Private Equity, has agreed to acquire root360, a leading provider of managed services in the Amazon Web Services (AWS) Cloud environment.

The acquisition marks the next step for Skaylink on its way to becoming a leading provider of managed cloud services for enterprise customers and medium-sized businesses in the DACH region. The founders and management team of root360 will remain on board and will invest in Skaylink.

The Hengeler Mueller team was led by partner Elisabeth Kreuzer (Picture – M&A, Munich) and included partners Christian Hoefs (Employment, Frankfurt) and Vera Jungkind (Public Law, Düsseldorf), counsel Matthias Rothkopf (IP/IT, Düsseldorf) as well as associates Isabella Stocks, Achim Spengler (both M&A, Munich), Franziska Biggel (Employment), Marius Marx (Tax), Henning Hilke (Financing) (all Frankfurt) and Carsten Bormann (Public Law, Düsseldorf).

The CMS team included Dr Jörg Lips, Lead Partner, Leipzig, Dr Helge Rieckhoff, Senior Associate, Leipzig (both Lead), Dr Thomas Mühl, Principal Counsel, Munich, Kevin Schmidt, Associate, Leipzig, all Corporate/M&A, Jesko Nobiling, Partner, Berlin, Tax, Dr Anja Schöder, Counsel, Leipzig, Sven Groschischka, Associate, Leipzig, both Labor, Employment & Pensions, Dr Markus Kaulartz, Counsel, Munich, TMC, Dr Rolf Hempel, Partner, Stuttgart, Competition & EU.

Involved fees earner: Sven Groschischka – CMS Hasche Sigle; Rolf Hempel – CMS Hasche Sigle; Markus Kaulartz – CMS Hasche Sigle; Jörg Lips – CMS Hasche Sigle; Thomas Mühl – CMS Hasche Sigle; Jesko Nobiling – CMS Hasche Sigle; Helge Rieckhoff – CMS Hasche Sigle; Kevin Schmidt – CMS Hasche Sigle; Anja Schöder – CMS Hasche Sigle; Franziska Biggel – Hengeler Mueller; Carsten Bormann – Hengeler Mueller; Henning Hilke – Hengeler Mueller; Christian Hoefs – Hengeler Mueller; Vera Jungkind – Hengeler Mueller; Elisabeth Kreuzer – Hengeler Mueller; Marius Marx – Hengeler Mueller; Matthias Rothkopf – Hengeler Mueller; Achim Spengler – Hengeler Mueller; Isabella Stocks – Hengeler Mueller;

Law Firms: CMS Hasche Sigle; Hengeler Mueller;

Clients: root360 GmbH; Skaylink GmbH;

Federica Tiefenthaler

Author: Federica Tiefenthaler