Frankfurt based Lupus alpha Asset Management sells its shares in IT service provider labs to the Universal-Investment group, based in Frankfurt and Luxembourg. Formed in 2009, labs specialises in front-office and data solutions and is one of the leading software and IT consultancies in the asset management industry. labs will continue to operate as an independent company under the brand “UI labs”.
Hengeler Mueller advises Lupus alpha on the transaction. Led by partner Annika Clauss (Corporate/M&A), the Hengeler Mueller team includes partners Thomas Paul (Banking/Regulatory) and Martin Klein (Tax), counsel Eckbert Mueller(Employment) as well as associates Arvid Morawe, Martin C. Schild (both Corporate/M&A), Sebastian Heinrichs (Tax) (all Frankfurt), Alla Drößler and Tobias Winkler (both Public Law/Data Protection, Düsseldorf).