Shearman & Sterling advised Armira on the financing of the acquisition of a majority investment in Salesfive, one of the leading digital transformation and salesforce consultancies in Germany, Austria and Switzerland.

Salesfive headquartered in Munich was founded in 2017 and operates from four locations. The company is a full-service digitizing partner for companies with a comprehensive expertise and know-how in all salesforce clouds.

Armira is a holding group focused on equity investments between €20 million to €200 million in market-leading medium-sized “Mittelstand” businesses in Germany, Austria and Switzerland (DACH).

The Shearman & Sterling team recently advised Armira in connection with the sale of Mehler Vario System Group and the acquisition of Scheu Dental Group.