PHH ADVISES SQUER SHAREHOLDERS ON SOPHORA VENTURE CAPITAL’S INVESTMENT

6. July 2026

PHH Rechtsanwält:innen provided comprehensive legal counsel to the shareholders of SQUER in connection with Sophora Unternehmerkapital’s investment. This engagement underscores the business law firm’s strong expertise in complex private equity transactions in the technology sector.

SQUER was founded in 2019 and has since grown into one of Austria’s leading technology companies. Today, SQUER employs more than 100 people from over ten countries and serves prominent clients in sectors such as banking, insurance, and the public sector, with the goal of providing first-class services and building lasting relationships through the value it creates.

With Sophora Unternehmerkapital, an independent and owner-managed private equity firm, SQUER gains a strong strategic partner for its next phase of growth and continued expansion as a platform for digital transformation, software modernization, and applied AI in the DACH region. The four founders—Manuel Klein, Matthias Kreuzriegler, David Leitner, and Łukasz Juszczyk—will retain a significant stake and continue to lead the company in the same proven manner.

“PHH has been our legal counsel for years and has provided us with expert guidance on all legal matters—and, above all, at the pace we required. Since Philip Rosenauer specializes in M&A, it was a logical step for us to also retain PHH to provide legal counsel for the Sophora deal. We felt that Mr. Rosenauer and his team provided us with excellent advice at every stage of the process. The collaboration on equal footing, their responsiveness, subject matter expertise, and clear drive to close the deal impressed us throughout. We would like to express our sincere thanks for the excellent collaboration,” said the SQUER founding team—consisting of Manuel Klein, Matthias Kreuzriegler, David Leitner, and Łukasz Juszczyk.

“The drive and energy of the entire SQUER founding team are remarkable and reflect their success. The trust built up over the past few years is a wonderful testament to our expertise and has significantly shaped our collaboration throughout the transaction. We now look forward to continuing our collaboration in this new chapter for SQUER and warmly congratulate all parties on the deal!” says Philip Rosenauer, partner at PHH Rechtsanwält:innen.

Philip Rosenauer (Partner, Corporate/M&A) led the transaction. The extended PHH team included Rainer Kaspar (Partner), Nicolaus Mels-Colloredo (Partner), Wolfram Huber (Partner), Brigitte Zweng (attorney-at-law trainee), Matthias Fucik (counsel), and Nikolaus Pfau (attorney-at-law trainee).

The SQUER founding team also received advice from Translink Corporate Finance Austria GmbH, represented by Matthias Compes and Quintin Althann, and from TPA Austria, represented by Christian Fichtinger and Lukas Bernwieser.

With this transaction, PHH Rechtsanwält:innen once again underscores its expertise in providing legal support for complex corporate and M&A matters, as well as its strong position as legal counsel to fast-growing technology companies and their founders through the Scale Up practice group led by Philip Rosenauer.