European digital transaction merger case study: Scaling digital workflows across Europe

Our role was to guide the Signaturit management team through this complex cross-border transaction that involved Spain, France, Luxembourg and Italy, navigating different regulatory landscapes, approaches to equity structuring, and market norms, and to do so whilst ensuring they had market-leading management protections and local commercial knowledge… in just four weeks. 

We quickly mobilised our cross-jurisdictional team to support Signaturit in executing the transaction. Our French, English, Luxembourg, and Spanish legal teams worked closely with them throughout the process and helped ensure clear communication. Local teams were on hand to guide them through the differences found between markets internationally.

We advised on best practices and successfully implemented a structure that protected management liability in line with market-leading standards and allowed them to reinvest in the post-acquisition business.

From initial engagement to signing took only four weeks, a remarkable pace for a cross-border private equity deal with this many jurisdictions and geographies. Due to tight timelines, all parties adopted a pragmatic approach, prioritising the core commercial goals. Management shareholders were heavily involved, and we efficiently coordinated their interests with the buyer.

The combination of Namirial and Signaturit created a leading Pan-European DTM provider with a leading position across Italy, Spain, France, and Germany with over 1,400 employees and over 240,000 customers worldwide.

Our ability to deliver under pressure, provide trusted local insight, and maintain strong coordination across jurisdictions led to a successful outcome for PSG and its management team. The relationship with both the management team and PSG remains strong, and we look forward to continuing to support them as they grow their European platform.