Wolters Kluwer acquires Libra for up to EUR 90 million – advised by PXR
PXR has advised the selling shareholders of Libra Technology GmbH on the acquisition of the Berlin-based legal AI company by Wolters Kluwer, a global leader in professional information, software and services.
PXR has advised the selling shareholders of Libra Technology GmbH on the acquisition of the Berlin-based legal AI company by Wolters Kluwer, a global leader in professional information, software and services.
The transaction values Libra at up to EUR 90 million and marks an important step in expanding Wolters Kluwer’s global legal tech offering. Libra’s AI-powered tools support legal teams with research, drafting and document analysis and have quickly positioned the company as one of the most dynamic players in the European legal AI market.
PXR provided comprehensive legal and tax advice on all aspects of the transaction, including the innovative implementation of a §19a EIP in the exit structure.
The PXR team – Dr. Peter Möllmanm, Michelle Karrer (co-lead), Henning Rolfes, Mirco Zantopp, Chris Cerny, Maja Brand and Arne Zabel – supported the shareholders throughout the entire process.
