Global law firm White & Case LLP has advised Battery Ventures-backed Proemion Holding GmbH, a global provider of advanced data and analytics technology for mobile industrial equipment, on the acquisition of TrendMiner NV, an industrial analytics company of Software AG.
The spinout and acquisition of TrendMiner, based in Belgium, will significantly expand Proemion’s existing analytics capabilities for critical industrial equipment, which helps equipment manufacturers and operators gather machine data remotely and continuously to maximize uptime and performance. TrendMiner produces a complementary, web-based, self-service analytics platform for monitoring critical equipment inside complex industrial environments. The acquisition will enable Proemion, which has partnered with Battery Ventures since 2022, to offer software for a broader range of industries.
The White & Case team which advised on the transaction was led by partners Stefan Koch, Jan Ole Eichstädt (both Frankfurt) and Tom Clarke (London) and included partners Will Smith (London), Sebastian Stütze (Frankfurt), Thilo Wienke (Düsseldorf) and Carlo Meert (Brussels), local partners Mathias Bogusch (Frankfurt) and Philippe Hendrickx (Brussels) and associates Michael Skouras, Brad Cope, Ruth Taylor, Lily Teh (all London), Rodrigo Belle Gubbins (Brussels), Martin Junker (Berlin), Eojin Lie, Justus Redeker and Michael Grambow (all Frankfurt).
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Read the orginal article: https://www.whitecase.com/news/press-release/white-case-advises-battery-ventures-backed-proemion-holding-acquisition
