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May 6, 2024

Willkie advised Summa Equity AB on the acquisition of a majority stake in FAST LTA GmbH, a leading German provider of secure data storage and archiving solutions.
 
On May 2, Summa announced that it invested in FAST LTA with the goal of building a new sustainable champion in secure and compliant data storage.
 
Summa Equity, headquartered in Stockholm, is a thematic investment firm focused on investments in companies that address global challenges.

The Willkie team was led by partner Dr. Axel Wahl and included partners Dr. Jasmin Dettmar, Dr. Patrick Meiisel and Dr. Bettina Bokeloh; counsel Dr. Florian Dendl, Martin Waśkowski and Wulf Kring; and associates Dr. Maximilian Schatz, Nils Hoernig, Dr. Johanna Blumenthal, Moritz Hechenrieder, Benedikt Schwarz, Aurel Hille and Sascha Winkler.