Shearman & Sterling advised FLEX Capital on the financing of the acquisition of AMPAREX GmbH, the market leader in software for hearing care professionals, and IPRO GmbH, the market leader in software for opticians. The Berlin-based investment company FLEX Capital is thus laying the foundation for a software group of companies for "other service providers" in the healthcare sector.

The companies funded by FLEX Capital achieve additional growth due to specific investments in technology and product. IPRO and AMPAREX complete each other perfectly in their strengths: IPRO with its excellent market presence as well as deep industry knowledge in optics and AMPAREX with profound know-how in cloud computing and acoustics.

FLEX Capital is a private equity fund founded by successful serial entrepreneurs that invests in profitable and growing companies in the German Internet and software mid-market segment.