fwp advised JAGGAER, a portfolio company of the leading global technology fund Accel-KKR, on its merger with POOL4TOOL, a leading provider of direct procurement solutions.

 With assistance from fwp, JAGGAER (formerly SciQuest), the US provider of the world’s most comprehensive source-to-pay (S2P) solution, successfully merged with POOL4TOOL, the global market leader in direct procurement, having its global headquarters in Austria with more than 150 employees in Europe, Asia and the Middle East. JAGGAER is a portfolio company of the leading global technology fund Accel-KKR. The merger with POOL4TOOL makes JAGGAER one of the largest e-procurement providers on the global market. The decision to take on board a strong partner for procurement services was taken within the scope of further investments being made by POOL4TOOL in the context of digitisation and a stronger focus on US business activities. The legal team led by fwp, and assisted by further international top law firms in the US, Germany, Serbia and the United Arab Emirates, successfully implemented the transaction, which required legal input on highly complex issues within a short time span. The merger also paved the way for the successful exit of aws Mittelstandsfonds.

Statement by Lukas Flener: “This complex transaction was a challenging task for fwp and our specialist lawyers. We are happy to have been part of this success story.”

Statement by Paul Luiki: “We were able to successfully complete this cross-border transaction while highlighting our international capabilities.”

fwp’s core team consisted of lead partners Lukas Flener and Paul Luiki (both corporate / M&A), partners Markus Kajaba (IP) and Kurt Wratzfeld (labour law), assisted by attorneys and associates, among them Kenneth Hasenöhrl, Lukas Rehrl, Edin Salo and Dorijan Vranic. POOL4TOOL was advised by Wolf Theiss.