Shearman And Sterling

News May 06, 2019

SCHEMA Group’s Financing of the Acquisition of TID Informatik

Shearman & Sterling advised SCHEMA, a portfolio company of IK Investment Partners, on the financing of the acquisition of the remaining 73% stake in TID Informatik GmbH. SCHEMA Group is expanding its previous 27% shareholding in TID Informatik to 100%.

As a new wholly owned subsidiary of SCHEMA, TID Informatik will continue to operate as an independent company on the market alongside SCHEMA Consulting and SCHEMA Systems. The previous managing directors Robert Schäfer and Rafi Boudjakdjian will continue to run TID Informatik GmbH as managing directors.

TID Informatik GmbH was founded in 1992 by Robert Schäfer as a service provider in the field of technical documentation. Today TID Informatik is a successful and strongly growing software company, which offers the market-leading software platform CATALOGcreator® for electronic spare parts business, service information systems and portals.

IK Investment Partners is a pan-European private equity firm focused on investments in the Nordics, DACH region, France and Benelux. Since 1989, IK has raised close to €10 billion of capital and invested in over 125 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.

Shearman & Sterling previously advised IK Investment Partners on the financing of the acquisition of SCHEMA Group in 2018.

The Team