GRUENDELPARTNER advises WMS on sale of shares in IT-Service Leipzig GmbH

The majority of the previous shareholders of IT-Service Leipzig GmbH, together with the WMS Wachstumsfonds Mittelstand Sachsen, are selling their shares to the new strategic partner viridiusLab AG from Vienna/Austria. Together, the business field of "testing in the laboratory environment" is to be further expanded and a further region is to be opened up with the German market.

Founded in 1992, IT-Service Leipzig GmbH is a service provider for devices, equipment and accessories as well as service and maintenance for non-destructive material testing.

Since 2005, the WMS Wachstumsfonds Mittelstand Sachsen has been assisting SMEs in Saxony with financing issues such as shareholder changes, organic growth projects, succession solutions and company acquisitions.

GRUENDELPARTNER provided legal advice to WMS in the context of the exit. GRUENDELPARTNER's M&A, Venture Capital, Private Equity practice group is one of the most experienced and best-staffed advisory units in Central Germany and supports investors and entrepreneurs in all phases of development, in particular in company formation, company development, corporate financing and all exit processes.