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Silver Lake-Backed Software AG to Sell TrendMiner to Proemion

04.24.24

Simpson Thacher is advising Software AG, a company controlled by Silver Lake, on its sale of TrendMiner to Proemion, a company backed by Battery Ventures.

TrendMiner produces a complementary, web-based, self-service analytics platform for monitoring critical equipment inside complex industrial environments. TrendMiner’s technology is used across industries including chemicals, oil and gas, pharmaceuticals, power generation, food and beverage, and high-tech manufacturing.

The Simpson Thacher team includes James R. Howe, Chris Vallance, Nishita Vasan, Ryan Kabat, Alex Ward, Emily Fanning, Robert Williams and Isabel Lam (Corporate); Lori Lesser, Alysha Sekhon and Nick Westbrook (IP and Data); Andrew Blau and Ryan Stott (ECEB); and Russell Light, Sarah Lindley, Ruoxi Zhang and Phoebe Adams (Tax).