Orrick has advised the shareholders of FAST LTA AG, a specialist for data storing with integrated data protection, on the sale of the company to Afinum.
Munich-based FAST LTA AG is a specialist in products and services for storing large amounts of data with integrated data protection, with a focus on customers in healthcare, the public sector, industry, banking and insurance.
Afinum is an independent financial investor wholly-owned by its management, with offices in Munich, Zurich and Hong Kong, specializing in the acquisition of shareholdings in financially sound and successful mid-market companies in the German-speaking region as well as in neighboring countries in Europe.
The shareholders of FAST LTA AG were advised by a team led by Munich-based M&A and private Equity partner Christoph Brenner, who regularly advises financial investors on technology transactions.
The team further included partners Stefan Schultes-Schnitzlein (tax, Düsseldorf) and Christian Schröder (data privacy IT/IP, Düsseldorf), senior associate Andrea Köhler (M&A and Private Equity, Munich), managing associate Christina Lorenz (M&A and Private Equity, Munich), and associate Robert Weinhold (data privacy IT/IP, Düsseldorf).