Goodwin Procter Advises Informatica in its Proposed Takeover of Heiler Software AG
A Goodwin Procter team recently advised data-integration software maker Informatica Corp. in its plan for its subsidiary, Informatica Deutschland AG, to buy all outstanding shares of the German company Heiler Software AG for approximately 81 million euros ($103.9 million).
Informatica is offering all shareholders of the company EUR 7.04 per Heiler share in cash. The voluntary takeover offer is supported by a majority of Heiler’s shareholders, who have entered into irrevocable agreements to tender their shares.
Informatica is a leading provider of data integration software serving nearly 5,000 enterprises worldwide. Heiler provides product information management and master data management solutions to retailers, distributors and manufacturers.
The Goodwin deal team that advised Informatica was led by Lawrence Chu and included Kelsey Lemaster, James Riley and Richard Matheny.