March 11, 2021
Willkie represented Questel and its financial sponsors Eurazeo, IK Investment Partners and Raise Investissement on the contemplated acquisition of NovumIP from Paragon Partners.
On March 8, Global IP solutions provider Questel announced it has signed an agreement to acquire NovumIP, a group comprised of PAVIS and Novagraaf, from Paragon Partners. Paragon Fund III will in turn invest in Questel with a minority shareholding. Completion of the transaction is subject to approval by the relevant financial supervisory and antitrust authorities and is expected in or around July 2021.
Questel is a true end-to-end intellectual property solutions provider to more than 15,000 clients and one million users across 30 countries. The company offer a comprehensive software suite for searching, analyzing, and managing inventions and IP assets. PAVIS is a leading provider of IP management services worldwide, and as one of Europe’s leading IP consulting groups, Novagraaf specializes in the protection and global management of IP rights, including trademarks, patents, designs, domain names and copyright.
The multidisciplinary Willkie team across two offices was coordinated by Paris based Partner Eduardo Fernandez and led in Frankfurt by Partner Dr. Kamyar Abrar and included Partners Gregory de Saxcé, Dr. Jasmin Dettmar, Paul Lombard, Dr. Patrick Meiisel and Faustine Viala.
