Press Release
October 5, 2023

Goodwin Advises FLEX Capital-backed EVEX Group on Financing

Goodwin advised EVEX Group (“EVEX”), a portfolio company of FLEX Capital – Private Equity für den Software Mittelstand (“FLEX Capital”), on the financing of its acquisition of OPTIX Group Limited (“OPTIX”) and Euronet Software AG (“EURONET”) and the refinancing of its existing financial indebtedness.

EVEX was formed by bringing together the two leading ERP software solutions in the market for audiologists and opticians in DACH, IPRO and AMPAREX.

OPTIX, with its product Optix Business Management Software, enables optical retailers to manage patients, staff, suppliers, operations and finances and EURONET supplies audiologists and opticians with innovative software solutions.

As a result of the acquisition of OPITX and EURONET, EVEX became the second largest supplier of innovative software solutions for audiologists and opticians in the European market and now supports over 8500 optical and audiology businesses in 20 European countries.

Berlin-based FLEX Capital is a private equity fund that invests in profitable and growing companies in the German Internet and software mid-market segment.

The Goodwin team was led by partner Winfried M. Carli (Private Equity/Finance, Munich) and associate Marius Garnatz (Private Equity/Finance, Frankfurt) and included partners Hugh O'Sullivan (Finance/Private Equity, London) and Oded Schein (Tax, Munich), associates Folko Moroni (Private Equity/Finance, Munich), Philipp Lauer (Tax, Munich) and Natalie Ong (Finance/Private Equity, London) and transaction lawyer Rina Omura (Private Equity/Finance, Munich).