Hengeler Mueller advises Waterland on combination of FIT/One Group with LifeFit Group
12 March 2025
The European investment firm Waterland joins NETCONOMY as a co-shareholder. Martin Barzauner, founder and CEO of NETCONOMY, will retain a significant stake in the company and will continue to manage it. The transaction is subject to the usual approval by the antitrust authorities.
NETCONOMY GmbH is a leading provider of modern digital solutions with a focus on the SAP Customer Experience Suite (SAP CX) with its cloud-based applications for all customer-relevant processes of a company. Based in Graz, Austria, NETCONOMY supports major companies in creating fully integrated customer experiences that connect all customer contact points - online and offline. NETCONOMY's presence already extends across ten locations throughout Europe.
Hengeler Mueller acts as lead counsel to Waterland in Austria and cooperates with Binder Grösswang on aspects of Austrian law of the transaction.
Waterland Private Equity Investments B.V. (Waterland) is an independent private equity investment firm with approximately EUR 14 billion of equity capital under management. It has invested extensively in the digitalization, IT and telecommunications sectors.
Hengeler Mueller-team for Waterland
M&A: Daniel Wiegand (partner, lead), David Negenborn, Benedikt Hoegen (both senior associate), Julian Pröbstl (associate, all Munich),
Financing: Henning Hilke (partner), Pascal Brandt (senior associate), Tobias Rapp (associate, all Frankfurt),
Employment: Hendrik Bockenheimer (partner), Stefan Kreß (associate, both Frankfurt),
Antitrust: Christoph Wilken (partner, Brussels),Daniel Higer (associate, Düsseldorf).
