HEUKING advises PRIMEPULSE on sale of glueckkanja AG to Norvestor

A HEUKING team led by M&A Partners Boris Dürr and Christian Schild provided comprehensive legal advice to the investment company PRIMEPULSE SE on the sale of its majority stake in IT service provider glueckkanja AG including its subsidiaries by means of a structured bidding process to private equity investor Norvestor as purchaser.

glueckkanja is one of Germany’s leading cloud managed service providers and a top Microsoft partner, specializing in delivering comprehensive cloud solutions. glueckkanja has been recognized as Microsoft Worldwide Partner of the year eight times, most recently in 2024, and has consistently held a top position in the ISG Microsoft 365 Germany quadrant for years. With over 500,000 managed clients, including major corporations like DB Schenker, ENERCON, and Uniper, as well as numerous mid-sized businesses, glueckkanja ensures the secure and reliable operation of Workplace, Azure, and Security services. To address technical gaps in providing a fully cloud-based Microsoft environment, glueckkanja has also developed its own suite of complementary products. These solutions enable customers to manage a completely secure and fully cloud-based infrastructure.

PRIMEPULSE SE is the investment company of the founders of CANCOM, a TecDAX-listed IT service provider. PRIMEPULSE primarily focuses on investing in growth-oriented IT and technology companies within the DACH region. These companies benefit from PRIMEPULSE’s extensive experience, robust network within the IT sector, and deep understanding of business models and markets. PRIMEPULSE actively leverages these strengths to drive the strategic development of its portfolio companies.

Norvestor is a Norway-based private equity firm specializing in acquisitions across the Nordic region and continental Europe. The firm targets mid-market growth companies with the potential to secure a leading position in the Nordic region or on an international scale through organic growth, strategic acquisitions in fragmented industries, or geographic expansion.

The team led by Boris Dürr regularly advises PRIMEPULSE on M&A transactions, including the acquisition of glueckkanja AG and, most recently, the sale of a majority stake in the listed companies KATEK SE and STEMMER IMAGING AG.

Counsel to Primepulse SE
HEUKING:
Boris Dürr (Lead, Corporate/M&A),
Christian Schild, LL.M.,
Marcel Greubel,
Andreas Schruff,
Felix Noack,
Marilena Schöck (all Corporate/M&A), all Munich,
Dr. Lutz Martin Keppeler,
Manuel Poncza (both IT/IP), both Cologne,
Peter M. Schäffler (Tax),
Dr. Ruth Schneider (Antitrust),
Steffen Wilberg (Real Estate),
Dr. Julia Mattes (Trademark),
Bettina Neheider (Public Law), all Munich,
Dr. Arietta von Stechow,
Debora Czerwonka (both Employment),
Sandra Pfister, LL.M. (Financing), all Hamburg,
Dr. Bodo Matthäus Dehne,
Sara Radon, LL.M. (both Foreign Trade), both Düsseldorf