Bain Capital Private Equity, LP and Advent International Corporation signed a definitive agreement to acquire ConCardis GmbH from DZ Bank AG, Deutsche Bank AG (DB:DBK), VÖB-ZVD Processing GmbH, Commerzbank AG (DB:CBK), UniCredit S.p.A. (BIT:UCG), BHF-Bank Aktiengesellschaft and others on January 13, 2017. HSBC provided financing for the acquisition. The transaction is pending approval from BaFin and the German Federal Bank.

As on March 7, 2017, the European Commission has approved the transaction. Tim Brandi, Philipp Weber, Michael Leistikow, Heiko Gemmel, Anne-Svenja de Kiff, Martin Sura, Sebastian Faust, Falk Schöning, Christopher Lock, Aleksandar Dukic and Adam Berry of Hogan Lovells International LLP acted as legal advisor to Deutsche Bank AG, Commerzbank AG and other selling shareholders in the transaction. Gerhard Schmidt, Stephan Grauke, Christian Tappeiner, Barbara Jaegersberger, Uwe Hartmann, Ansgar Wimber, Konrad v. Buchwaldt, Kathrin Weber, Moritz Spranzel, Konstantin Hoppe, Manuel-Peter Fringer, Wolfgang Süss, Lewis Blakey, Mae Morter, Tobias Geerling, Marco Compagnoni and Tom Richards of Weil, Gotshal & Manges acted as legal advisor to Bain Capital Ltd and Advent International.

Morgan Stanley, Goldman Sachs, HSBC and Corestar Partners acted as financial advisor to Bain Capital Ltd and Advent International Corporation. Markus Rasner, Till Liebau, Werner Schnappauf, Anja Dombrowsky, Carsten Bittner, Christian Kusulis, Raimond Emde, Daniel Valdini and Gerd Schwendinger of Graf von Westphalen Bappert & Modest advised ConCardis GmbH. First Annapolis Consulting, Inc. acted as management consultant for Bain Capital and Advent International.

Alexander Zang of BCC acted as public relations advisor to ConCardis, Jobst Honig and Anna Sperber of Hering Schuppener Consulting acted public relations advisor to Advent International and Ed Gascoigne-Pees and Hazel Stevenson of Camarco acted as public relations advisor to Bain Capital. Deutsche Bank acted as financial advisor, Dieter Thalhammer, Judith Feldner of Eisenberger & Herzog Rechtsanwalts GmbH, Stefan Köhler of Ernst & Young Law GmbH Benedikt Hohaus, Tim Kaufhold of P+P Pöllath + Partners, Greg Husisian of Foley & Lardner LLP and Luca Zanotti acted as legal advisors to Concardis GmbH. Tobias Nebel acted as legal advisor to Commerzbank AG (DB:CBK), Christian Schaberger acted as legal to DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Jörg Beilke acted as legal advisor Deutscher Sparkassen- und Giroverband e.V, Sebastian Pries acted as legal advisor to Landesbank and Andreas Boening acted as legal advisor to Targobank.

Ernst & Young LLP acted as accountant to Advent International Corporation.