Brownstone Partners advised the shareholders of GFS Gesellschaft für Statistik im Gesundheitswesen mbH in connection with their sale of a majority interest in the company to Marondo Small Cap Growth Fund I. This included advice in connection with a reinvestment by Dr. Jamshid Javdani who will continue in role as GFS’ CEO. The transaction was supported by Walther Transaction GmbH.

Based in Radebeul, Germany, GFS is a data management and digital technology specialist focused on invoice administration for the health insurance sector. The investment by Marondo, an experienced private investor, will support GFS’ further strategic development.

Brownstone Partners focuses on legal advice to management teams in the context of Buy-Out situations, M&A as well as corporate advice.