Shearman & Sterling advised funds advised by LEA Partners GmbH on the financing of the acquisition of a majority stake in Base-Net Informatik AG, a leading Swiss software provider for credit and mortgage management and b+m group, a leading provider of software solutions for banks and insurance companies.

Base-Net is the leading Swiss software provider in the field of credit and mortgage management. In addition, Base-Net develops and provides a state-of-the-art platform for credit and mortgage refinancing. Founded in 1994 and headquartered in Sursee, Base-Net is serving around 400 banks and insurance companies.

b+m group, with about 150 employees and headquartered in Melsdorf near Kiel, is the German market leader with its software solutions to manage automated application processes for promotional loans. In 2020, promotional loans with a volume of more than EUR 30 billion were processed using b+m group’s software systems. In addition, the group offers innovative products for insurance companies in the fields of pension management and portfolio management as well as a market-leading portfolio for the digitalization for banks and savings banks. For more than 25 years, b+m group has been successfully operating in the software market for financial service providers and are trusted in the DACH region.

LEA Partners is an entrepreneurial-minded multi-stage private equity firm investing in growth technology companies that are driving transformative change in their industries. Operating out of Karlsruhe, one of Europe’s largest technology clusters, LEA has advised on the investment of numerous technology companies.

The Team