CERHA HEMPEL advises Scottish Equity Partners (SEP), a leading European growth investor, on its strategic investment in Springtime Technologies, a Vienna-based provider of AI-driven loan accounting automation software. This transaction, structured as a share sale with a roll-over component, will support Springtime in accelerating its product innovation and global market expansion.
Springtime Technologies has established itself as a key player in accounts payable automation, offering enterprise solutions with its flagship product “Invoice-track”. The platform uses advanced AI features, such as automatic data extraction and an AI-powered matching engine, to optimize invoice processing for customers in over 70 countries.
SEP's investment supports both its shared vision for innovation in enterprise software and its commitment to helping companies with complex business challenges grow. The transaction also underscores SEP's continued focus on partnering with capital-intensive software scaleups that deliver measurable productivity gains for large organizations.
The CERHA HEMPEL advisory team was led by Clemens Hasenauer (Partner, Corporate M&A) and Harald Stingl (Partner, Corporate M&A) and also consisted of Tobias Tangl (Senior Attorney, Corporate M&A), Sophie Stock (Associate, Corporate M&A), Anna Wolf-Posch (Partner, Antitrust), Philipp Schaubach (Senior Attorney, Antitrust), Matthias Nödl (Senior Attorney, Real Estate) and Christopher Peitsch (Partner, Employment Law).