ARKANCE entered into an agreement to acquire Vinzero Technologies PTY Ltd from RIB Software SE on December 8, 2022. The proposed transaction is subject to customary regulatory approvals and is expected to close in the first semester of 2023. Andreas Hoger, Maximilian Schiessl, Johannes Baumann, Gunther Wagner, Matthias Scheifele, Christoph Stadler, Jan Bonhage, Dirk Uwer, Maximilian Ohrloff of Hengeler Mueller acted as legal advisors for Schneider Electric. Cravath, Swaine & Moore, Slaughter and May, Gilbert + Tobin, WongPartnership and Khaitan & Co advised on the transaction. Thibaut Revel and Andreas Hering of Clipperton Finance SAS acted as financial advisors for ARKANCE and Monnoyeur. Lazard & Co. GmbH acted as financial advisor to RIB Software SE. Rabindra Jhunjhunwala, Moin Ladha, Kevin Shah and Anusha Rao of Khaitan & Co. acted as legal advisor to RIB Software SE.

ARKANCE completed the acquisition of Vinzero Technologies PTY Ltd from RIB Software SE on May 31, 2023. Andrew Jolly and Lorna Nsoatabe of Slaughter and May acted as legal advisors to Schneider Electric Investment AG. Thomas Schmuck of DLA Piper Germany acted as legal advisor to MONNOYEUR.