Orrick advised the shareholders of PatentSight GmbH on the purchase of all shares by British multinational RELX Group.
Headquartered in Bonn, Germany, PatentSight GmbH has developed an internationally renowned and cutting-edge analytics platform for strategic IP management. Its “Patent Asset Index” has been designed to provide an accurate view of the impact and efficiency of an enterprise’s investment in innovation.
The RELX Group is a global provider of information and analytics for profes-sional and business customers across industries. Amongst others, the RELX Group operates the LexisNexis legal and news database that contains more than 81 billion documents and records, with about 1.5 million new legal docu-ments being added daily.
The shareholders of PatentSight GmbH were advised by a Düsseldorf-based Orrick team led by Technology Companies Group partner Sven Greulich, who regularly advises founders and investors on financing rounds and tech exits.
“We want to thank the Orrick team for its passion and commitment to drive this transaction to its successful conclusion," said PatentSight GmbH founder and CEO Nils Omland. “Sven knows technology transactions inside out and helped us to align the interests of a young and fast-growing technology company and a multinational innovation powerhouse such as RELX.”
The Orrick team also included Stefan Schultes-Schnitzlein (partner, Tax), André Zimmermann (partner, Employment), Christian Schröder (partner, Data Privacy IT/IP), Johannes Rüberg and Vanessa Sousa Höhl (associates, M&A and Private Equity).