ServiceNow, Inc. (NYSE:NOW) signed an agreement to acquire G2k Group Gmbh from Christ&Company Consulting Gmbh on May 12, 2023. The transaction is subject to the completion of regulatory review. ServiceNow expects to close the acquisition of G2K in Q3 of 2023. Tidal Partners LLC acted as exclusive financial advisor. Leif King, Derek Liu, Tino Marz, Hani Nassef, David Fronckowiak, Asama Itseumah and Jonathan Juilfs, Rod Hunter, Brian Burke, Christian Burholt, Anahita Thoms, Arvind Miriyala, Callie Lefevre and Alexander Ehrle, Denise Glagau, Thomas Asmar and Aimee Rosien, Christian Koops and Sofia Chesnokova, Cynthia Cole, Holger Lutz, Heiko Burow, Rachel Ehlers, Sebastian Schwiddessen and Mohamed El Far, Joachim Froehlich and Ghada El Ehwany, Lane Morgan, Thomas Gierath and Susan Keeler of Baker McKenzie LLP served as legal advisor to ServiceNow. Justin G. Hamill of LATHAM & WATKINS LLP represented Tidal Partners as financial advisor to ServiceNow. Noerr Partnerschaftsgesellschaft mbB acted as legal advisor to Schwarz Group companies.

ServiceNow, Inc. (NYSE:NOW) completed the acquisition of G2k Group Gmbh from Christ&Company Consulting Gmbh for approximately $460 million on July 17, 2023. The $464 million cash consideration is paid in two installments, the first installment was made at the close of the transaction and the second installment will be paid in February 2024. The transaction completed following the approval from the antitrust authorities.