Gütt Olk Feldhaus advised DPE Deutsche Private Equity and other co-investors on the sale of BE-terna group to Telefónica Tech.

BE-terna is a provider of cloud-based and industry-specific software solutions. The BE-terna group with its more than 1,000 employees operates from 28 locations in the DACH-region, Adriatics, Nordics and the Netherlands.

The purchaser Telefónica Cybersecurity & Cloud Tech S.L.U. is a subsidiary of the Spanish stock exchange listed telecommunication company Telefónica S.A.

The consummation of the transaction is subject to merger control approval.

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