Scanmarket A/S acquires Symfact AG
26 October 2021 – Scanmarket A/S, an e-sourcing and source-to-contract software provider, headquartered in Solbjerg, Denmark, and with offices in US, UK and the Netherlands, has acquired Symfact, a leading contract lifecycle management, third-party risk management, and legal entity management software company. Through its acquisition, Scanmarket has expanded its commercial reach into the DACH region and the group’s AI technology capabilities.
Walder Wyss advised Scanmarket A/S on the transaction. The team was led by Alex Nikitine (Corporate/M&A, Partner) and Alice Vorburger (Corporate/M&A, Senior Associate) and further included Hugh Reeves (IP/IT, Managing Associate), Dominik Aerni (Corporate/M&A, Senior Associate) and Angelina Pellegrini (Employment, Associate).