ADVANT Beiten Advises Shareholders of Fischer Information Technology on Sale to Quanos

Freiburg, 5 August 2024 – The international law firm ADVANT Beiten has advised the shareholders of Fischer Information Technology GmbH on the sale of all shares to Quanos Group GmbH. Fischer Information Technology specialises in software solutions for technical documentation and the digitalisation of product information. Quanos is the world's leading provider of AI-based software solutions for industrial after-sales and technical documentation.

The transaction was backed by Keensight Capital, one of the leading private equity managers for Europe-wide growth buyout investments. The parties have agreed not to disclose the transaction volume.

Fischer Information Technology has focused on expertise in the development of reliable software for the efficient management, organisation and distribution of technical documentation and product information since its foundation in 1985. The company has played a key role in shaping the European market for technical documentation software.

Quanos was formed by software experts for after-sales, service and technical documentation, optimised by AI capabilities. The company offers innovative, successful and reliable technology to more than 1,200 customers worldwide.

The acquisition of Fischer IT strengthens Quanos' market presence and increases the customer base to 1,400 customers worldwide. This enables Quanos to offer a wide product portfolio that delivers significant added value to the joint customer base. In addition, Fischer IT's proven technical expertise will further enhance Quanos' innovative potential.

Advisor to Fischer Information Technology GmbH: 
ADVANT Beiten: Gerhard Manz, Dr Christian Osbahr (both Corporate/M&A, Freiburg), Dr Birgit Münchbach und Dr Holger Weimann (both IP/IT, Munich)

Advisor to Quanos Group GmbH:
Renzenbrink & Partner: Team Dr Ulf Renzenbrink

Media Contact
Frauke Reuther
Manager Kommunikation
ADVANT Beiten
+49 (69) 75 60 95 - 570
frauke.reuther@advant-beiten.com

Gerhard Manz
Rechtsanwalt
ADVANT Beiten
+49 (761) 15 09 84 - 11
gerhard.manz@advant-beiten.com