Clearwater International advises EMERAM on raising finance to support the acquisition of CoCoNet

Clearwater International has advised EMERAM Business Partners (EMERAM) on raising finance to support the acquisition of CoCoNet AG (CoCoNet), a software provider for digital corporate banking focused on payments and cash management.

Founded in 1984 and headquartered in Düsseldorf, Germany, CoCoNet provides standalone front-office solutions enabling financial institutions to enhance end-user experience without the need to overhaul their core banking systems. During the past 10 years, CoCoNet successfully expanded from Germany to neighbouring countries, such as Italy, the Netherlands, the UK, Switzerland, and Austria. With its comprehensive platform featuring a wide range of functionalities and formats, CoCoNet caters to over one million users.

EMERAM is one of the leading investment managers for medium-sized companies in German-speaking countries. Funds advised by EMERAM provide more than €650m of capital for the development of growing companies. The portfolio includes companies from technology and software, value-added services, and new consumer staples sectors. EMERAM acts as a long-term business development partner for its companies and promotes the sustainable growth (organic and inorganic) of the portfolio companies. In addition, the company focuses on the implementation of holistic ESG concepts.