Press release | EY Law advises Viennese Zehetmayr brothers on the sale of apilayer

EY Law Austria (Pelzmann Gall Groß Rechtsanwälte GmbH) advised the brothers Julian and Paul Zehetmayr on the sale of their company apilayer (apilayer Data Products GmbH) to US- based Idera Inc. apilayer was founded in 2015 and has swiftly turned into one of the leading providers of cloud API solutions. Over half a million B2B customers worldwide use the applications to handle their business processes faster and more efficiently.

Julian and Paul Zehetmayr are well known in the Austrian start-up scene and have already appeared in the past as sellers as well as buyers and investors.

Following the successful support of Link Mobility in the recent acquisition of WebSMS, this transaction further displays EY Law’s extensive expertise in IT and tech transactions.

The team of EY Law was led by Georg Perkowitsch (Partner, M&A) and consisted of Martina Wimmer (Corporate, M&A), Marie Winter (Corporate, M&A), Ermano Geuer (IT), Georg Harer (Finance) and Roman Jatzko (M&A).

EY (Ernst & Young Steuerberatungsgesellschaft m.b.H.) advised the sellers on tax issues through Markus Stefaner (partner), Christian Massoner (managing director) and Nina Peinsipp (senior).

The buyer Idera Inc. was advised by Wolf Theiss.

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