Leipzig – The Munich-based Venitus Group has acquired a stake in Thinkport, a pioneer in the development of innovative cloud technologies. The founders Dominik Fries and Tobias Drechsel will retain a significant stake in the company and keep their positions unchanged. The partnership with Venitus marks a significant milestone in the development of the cloud consulting company. It will help to further consolidate Thinkport's position as an innovation leader, accelerate growth and lay the foundations for the next phase of development. The parties involved have agreed not to disclose further details of the transaction.A CMS team led by Dr. Kevin Schmidt provided comprehensive legal advice to the Thinkport founders on the transaction. Thinkport, headquartered in Frankfurt/Main with offices in Leipzig, Hamburg and Berlin, has made an impressive journey from a start-up to an established and award-winning player in the cloud technology industry over the past five years. Founded in 2018 and employing around 80 people, the company supports large German-speaking companies and DAX-listed corporations with projects in the areas of cloud migration, development and training. Its customer portfolio includes renowned names such as Edeka, Bayer and Deutsche Bahn. The Venitus Group is a leading digitalization partner for medium-sized and enterprise customers in the DACH region with a focus on the areas of public cloud, data engineering and AI. Venitus complements its organic growth with an acquisition strategy and currently consists of four innovative and fast-growing companies in these areas. Press Con­tact presse@cms-hs. com

Leipzig – The HIRMER Group has sold Travel Charme Hotel GmbH & Co. KG with its 13 exclusive hotels and resorts across Germany, Austria and Italy to DSR Hotel Holding GmbH. Travel Charme is regarded as an expert in the premium segment of the leisure hotel industry. It operates hotels in top locations, particularly in the Baltic region and in the Alps. The acquisition of Travel Charme boosts DSR Hotel Holding’s portfolio to a total of 35 hotels, thus expanding its market position in the German and Austrian holiday hotel sector. The transaction is currently awaiting approval from the merger control authorities. The parties agreed not to disclose further details.A CMS team headed by Dr Jochen Lux advised the HIRMER Group on all legal aspects of the sale. The company also relied on the expertise of CMS when it acquired Travel Charme in 2018. The Munich-based HIRMER Group is wholly owned by the Hirmer family. It employs some 1,800 people and operates in the fields of fashion retail, real estate management and development and in the hotel industry. DSR Hotel Holding is majority owned by DER Touristik, making it part of the REWE Group. It operates and markets a high-quality hotel portfolio comprising both growth-oriented hotel/resort brands and traditional individual hotels. CMS Germany Dr Jochen Lux, Lead Partner Dr Kevin Schmidt, Senior As­so­ci­ate Madeline Göbel, Senior As­so­ci­ate Theresa Bendix, Project Manager Nadine Fröhlich, Project Manager, all Corporate/M&A Dr Martin Mohr, Partner, Tax Dr Rolf Hempel, Partner Martin Cholewa, Counsel, both Antitrust, Competition & TradePress Con­tact presse@cms-hs. com

Leipzig – Boston-based international US technology company PTC Inc. has acquired pure-systems GmbH, a leading provider of product and software variant management solutions.A CMS team headed by lead...

Leipzig – The Berlin-based project developer Bauwert AG has entered into a strategic partnership with the Hungarian WING Group and the international investment and asset manager Griffin Capital Partners...