Thinkstep’s Sale to Sphera
thinkstep and Sphera announced they have entered into an agreement for Sphera to acquire thinkstep.
thinkstep, a Stuttgart, Germany based software company that specializes in Corporate Sustainability and Product Stewardship, and Sphera, a global provider of Integrated Risk Management Software and Information Services with a focus on Environmental Health & Safety, Operational Risk and Product Stewardship, announce they have entered into an agreement for Sphera to acquire thinkstep.
Marks Baughan Securities team lead by Managing Member, John Jacobs, and supported by Bill Takeuchi and Ed Murtha, advised thinkstep AG and its shareholders on this transaction. Leveraging thinkstep’s transformation into a SaaS-based solution and supported by an exceptional client base with an attractive growth trajectory, the Marks Baughan team guided thinkstep through the entire process through to a successful sale.
Jan Poulsen, thinkstep CEO, stated, “The Marks Baughan team led by John Jacobs were critical in negotiating this strategic transaction with Sphera. Marks Baughan worked tirelessly to manage a complex transaction to achieve a great result for thinkstep and its shareholders. We were particularly impressed with the attention to detail, responsiveness and the overall guidance we received from the Marks Baughan team throughout the process.”