CompuGROUP in €300 Million IPO

May 4, 2007

Cleary Gottlieb represented the underwriters in the approximately €300 million initial public offering of CompuGroup Holding AG. Deutsche Bank and Lehman Brothers were Joint Global Coordinators and Joint Bookrunners, and Sal Oppenheim, SEB Bank and William Blair were Co-Managers.

The transaction combined a rights offering to CompuGROUP’s existing minority shareholders, a German public offering and an international private placement. The shares began trading in the official market of the Frankfurt stock exchange (prime standard) on May 4.

CompuGROUP is one of the leading European firms providing software and communications solutions in the health care services sector.