Wolters Kluwer acquires Libra for up to EUR 90 million with PXR advising the selling shareholders

"PXR advised the selling shareholders of Libra Technology GmbH on the sale of the Berlin-based legal AI company to Wolters Kluwer. The transaction values Libra at up to EUR 90 million and strengthens Wolters Kluwer’s global legal tech offering. PXR provided comprehensive legal and tax advice, including the implementation of a §19a EIP in the exit structure."

PXR advised the selling shareholders of Libra Technology GmbH in the acquisition of the Berlin-based legal AI company by Wolters Kluwer. The transaction values Libra at up to EUR 90 million and represents a significant step in expanding Wolters Kluwer’s global legal technology offering. Libra’s AI-powered tools support legal teams with research, drafting and document analysis and have quickly positioned the company as one of the most dynamic players in the European legal AI market. PXR provided comprehensive legal and tax advice on all aspects of the transaction, including the innovative implementation of a §19a EIP in the exit structure. PXR represented the selling shareholders of Libra Technology GmbH with a team composed by: Dr. Peter Möllmann, Michelle Karrer (co-lead), Henning Rolfes, Mirco Zantopp, Chris Cerny, Maja Brand and Arne Zabel.

Wolters Kluwer acquires Libra for up to EUR 90 million with PXR advising the selling shareholders

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