AKD advises EQT portfolio company SUSE on acquisition of StackState platform

July 23, 2024

A multi-specialist AKD team led by Lennart Crain has advised SUSE on the acquisition of the full stack observability platform StackState.

EQT-backed SUSE is a global leader in innovative, open and secure enterprise-grade solutions. StackState’s technology gives IT teams the fastest path to identifying and remedying issues within their containerised cloud-based environments through a single observability platform.
With StackState, SUSE will accelerate cloud native observability for businesses by integrating the platform into Rancher Prime, the industry’s most widely adopted enterprise container management platform.

For this transaction, AKD leveraged its Benelux offering, as the transaction included significant Luxembourg aspects, as well as the firm’s multidisciplinary offering.

Led by Lennart Crain, the team consisted of Wouter Kros, Peter Cohen and Christiaan Schuurs (Corporate M&A), Ludo Luijks and Maud Plattel (Tax), Remco Bosveld and Daan ter Wee (Corporate Notary), Cédric Bless, Nicolas Marchand and Imède El Moudden (Corporate M&A Luxembourg), Renée Schipper, Bente van Dijk and Lisa Machgeels (IP/IT), and Pascal van Schaik, Jorn de Bruin and Lisanne van Schaik (Employment and Pensions).

Please find more information on the transaction in this press release.