Binder Grösswang advises Insight Partners in the context of a strategic Investment in PSPDFKit amounting to 100 million euros
Binder Grösswang | View firm profile
Binder Grösswang advised Insight Partners together with Willkie Farr & Gallagher LLP on an investment in PSPDFKit, a leading document processing and manipulation platform for developers and enterprise businesses.
Insight Partner’s investment, which totals more than €100 million, is expected to accelerate product growth and fund strategic acquisitions further expanding the capabilities of PSPDFKit’s highly adopted document processing platform. The goal of the partnership is to catalyze the expansion of PSPDFKit’s document processing platform to serve more organizations as they invent and develop the next generation of applications and experiences.
The transaction, which is subject to regulatory clearance, is expected to close in the fourth quarter of 2021.
The Binder Grösswang team consisted of partners Florian Khol and Christian Zwick as well as senior associate Philipp Tagwerker (all Corporate / M&A) and partner Christian Wimpissinger (Tax).
PSPDFKit develops software development toolkits and related frameworks which enable document creation, manipulation, collaboration, and innovation within its customers’ applications. The company’s products cover all major platforms and support a wide range of programming languages, and can be deployed on-premise or in the cloud with ease and at any scale. PSPDFKit has earned its developers-first reputation by pioneering products that are easily integrated, completely customizable to fit any deployment and workflow, and are trusted by startups, SMBs, and multinational enterprises alike.
About Insight Partners
Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all.