Deloitte Corporate Finance acted as exclusive financial advisor to Daimler AG in the process of signing a strategic partnership with Infosys Limited

About the transaction

The Deloitte Corporate Finance Advisory team (“Deloitte”) in Frankfurt, led by Philipp Gebhard (Managing Director) and Alexander C. Bielig (Managing Director) and supported by Fabian Walisch, Kristian Predojevic and Katharina Kober, successfully advised Daimler AG (the “Company”) in the process of signing a strategic partnership with Infosys Limited (“Infosys”) to transform the IT infrastructure of the Company. The transaction includes the transfer of corresponding assets, people and contracts in 42 countries in Europe, the Americas and the APAC region. Deloitte’s Transaction Services team led by Dennis Tunda supported the creation of the business plan for the transaction.

The Company is in the process of transforming its IT operating model and infrastructure in the areas data centers, networks, SAP Basis, service desk and workplace services. The Company wants to concentrate on software engineering and launch an anytime-anywhere workplace as well as a fully scalable, on-demand digital IT infrastructure. The partnership with Infosys involves smart hybrid clouds, standardized technology stacks, the consolidation of data centers across all regions, Zero Trust networks and cognitive, persona-driven, AI-powered anytime-anywhere workplaces.

Infosys is a global leader in next-generation digital services and consulting. The company has more than 250,000 employees worldwide, enabling clients in 46 countries to navigate their digital transformation, focusing on AI-powered core and digital agility at scale. Infosys’s always-on learning helps drive its customers’ continuous improvement through building and transferring digital skills, expertise, and ideas from the company’s innovation ecosystem.

Deloitte’s in-depth knowledge of the IT sector and first-class execution capabilities emphasize its competence to complete a complex and time-critical transaction successfully. Despite the challenges posed by COVID-19 and an international landscape of potential partners, Deloitte provided extensive support during the preparation phase, due diligence phase and SPA negotiations, including the communication with and management of relevant stakeholders worldwide, ultimately leading to a favorable outcome for the Company. Deloitte’s cross-functional setup ensured a highly efficient cross-border transaction, thereby maintaining momentum throughout the transaction.

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About Deloitte – Corporate Finance Advisory

As leading independent M&A advisors, we provide M&A deal execution and financial advisory services to large and mid-market corporations as well as to private equity firms globally. We offer financial advice and insight at every stage of a transaction – from consideration of strategic options to transaction execution, be it an IPO, acquisition or divestment, restructuring or fast track disposal. We pride ourselves in our independent advice to our clients.

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