Syntek Capital in the Sale of Healy Hudson GmbH

September 3, 2009

Cleary Gottlieb represented Syntek Capital AG in the sale of a majority stake of 60 percent in Healy Hudson GmbH to Healy Hudson Holding AG. In connection with this transaction, the minority stakeholders have sold their shares to the purchaser as well.

Binding agreements were signed and the transaction closed simultaneously on September 3, 2009. The parties have agreed not to disclose the purchase price.

Healy Hudson is a leading provider of electronic sourcing and procurement software serving public authorities and private companies from all over Europe.

Syntek Capital AG is an investment firm with offices in Munich and San Francisco.