SAXINGER advises Invest AG on the acquisition of a stake in TTTech

With Invest AG’s investment, TTTech’s Austrian ownership structure will be further strengthened. The strategic partnership aims to support the company’s long-term development and to secure key technologies and technological expertise in Austria and Europe on a sustainable basis.

Headquartered in Vienna, the TTTech Group specialises in safe connected computing and safety control systems and is one of the internationally leading technology companies in this field. Its solutions are used in particular in the automotive, aerospace, industrial automation, off-highway and energy technology sectors. TTTech technologies are also deployed in highly demanding space projects.

Invest AG is one of the leading private equity investors in the German-speaking region and provides equity and equity-like financing solutions for medium-sized companies. Through its investment in TTTech, it is expanding its portfolio to include an internationally active Austrian high-tech company while also placing a strategic focus on key technologies of the future.

The SAXINGER transaction team was led by partners Franz Mittendorfer, Sebastian Hütter and Bernhard Gonaus. The team also included associates Ivo Glibusic, Anna Aigner and Alexander Eisenköck. SAXINGER advised Invest AG on all legal matters in connection with the acquisition of the stake.

The 17 sellers were advised by Wess Kux Kispert & Eckert Rechtsanwalts GmbH (wkk law).