--- title: "August Debouzy advises Main Capital Partners and its portfolio company cisbox on the acquisition of Oxalys Technologies" id: "10448" type: "post" slug: "august-debouzy-advises-main-capital-partners-and-its-portfolio-company-cisbox-on-the-acquisition-of-oxalys-technologies" published_at: "2026-09-17T09:57:02+00:00" modified_at: "2026-09-17T09:57:03+00:00" url: "https://www.august-debouzy.com/en/deal/august-debouzy-advises-main-capital-partners-and-its-portfolio-company-cisbox-on-the-acquisition-of-oxalys-technologies/" markdown_url: "https://www.august-debouzy.com/en/deal/august-debouzy-advises-main-capital-partners-and-its-portfolio-company-cisbox-on-the-acquisition-of-oxalys-technologies.md" taxonomy_category: - "Deal" taxonomy_language: - "English" taxonomy_post_translations: - "pll_6aabb96ec9afc" --- Summarize with AI August Debouzy advised Main Capital Partners, an international investment fund specializing in enterprise software, and its portfolio company cisbox, one of Germany’s leading providers of cloud-based, AI-powered Procure-to-Pay solutions, in connection with the acquisition of Oxalys Technologies, a French provider of Source-to-Pay SaaS solutions for mid-sized companies and public sector organizations. The acquisition of Oxalys is fully aligned with cisbox’s strategy and supports its ambition to become a leading pan-European software group dedicated to the finance function. Following the merger with Millum, the acquisition of Oxalys enables the group to expand its offerings across the procurement value chain by adding solutions for strategic sourcing, contract lifecycle management and supplier relationship management to cisbox’s existing portfolio of solutions for accounts payable automation, payments and operational procurement. The complementary nature of the product portfolios and customer relationships also enables the group to strengthen and diversify its presence among mid-sized companies and public sector entities. This transaction marks the third complementary acquisition completed by cisbox since its partnership with Main Capital Partners. With a presence in the DACH region and the Nordic countries, cisbox serves a broad client base through its “Source-to-Pay” and “Office of the CFO” solutions. The addition of Oxalys strengthens the group’s product offering, expands its sectoral and geographic reach and creates new opportunities for cross-selling and international expansion. The August Debouzy team advised Main Capital Partners and cisbox on this transaction with a Corporate/M&A team coordinated by **Antoine Ricol** (partner) and comprising **David Neuwirth** (senior associate) and **Albane Shehabi** (associate). T The following team members also participated in the due diligence process: **Alexandra Berg-Moussa** (partner) and **Charlotte Chen** (senior associate) on the commercial and IT law aspects; **Mahasti Razavi** (partner), **Florence Chafiol** (partner), **Inès Bouzayen** (associate) and **Alexandra Antalis** (associate) on the intellectual property and data protection aspects; **Diane Reboursier** (partner), **Boris Léone-Robin** (counsel) and **Célia Lesueur** (associate) on the employment law aspects; **Jennifer Hinge** (partner), **Pauline Desplas** (senior associate) and **Mathilde Cagnato** (associate) on the financing aspects; **Vincent Brenot** (partner) and **Victoire Le Calvez** (associate) on the public law and regulatory aspects; **Marie Danis** (partner) and **Claire Li** (associate) on the litigation aspects; and **Guillaume Aubatier** (partner) and **Aboubacar Diawara** (associate) on the real estate law aspects. C-Level Partners advised on the M&A aspects alongside the sellers, with **Idris Hebbat** (partner), **Thibault Germain** (counsel) and **Patrick Hannan** (associate). Jeausserand Audouard advised on the M&A aspects relating to the founder’s and the managers’ reinvestment, with **Judith Raoul-Bardy** (partner) and **Brieuc Trambouze** (associate), as well as on the tax aspects alongside the sellers, particularly in connection with the reinvestment, with **Pascal Gour** (partner) and **Pauline Juillet** (associate). Grant Thornton Société d’Avocats advised on the tax aspects alongside cisbox and Main Capital Partners, with **Stéphany Brévost** (partner), **Aurélie Carrara** (partner) and **Manon Chopard** (associate). The German office of Weil, Gotshal & Manges advised on the German law aspects alongside cisbox and Main Capital Partners, with **Susanne Decker** (partner) and **Manuel Schmutzler** (associate). Share - Linkedin - Copy Link Summarize with AI ### Authors 21 - [Antoine Ricol](https://www.august-debouzy.com/en/collaborateur/antoine-ricol/) - [David Neuwirth](https://www.august-debouzy.com/en/collaborateur/david-neuwirth/) - [Albane Shehabi](https://www.august-debouzy.com/en/collaborateur/albane-shehabi/) - [Alexandra Berg-Moussa](https://www.august-debouzy.com/en/collaborateur/alexandra-berg-moussa/) - [Charlotte Chen](https://www.august-debouzy.com/en/collaborateur/charlotte-chen/) - [Mahasti Razavi](https://www.august-debouzy.com/en/collaborateur/mahasti-razavi/) - [Florence Chafiol](https://www.august-debouzy.com/en/collaborateur/florence-chafiol/) - [Inès Bouzayen](https://www.august-debouzy.com/en/collaborateur/ines-bouzayen/) - [Alexandra Antalis](https://www.august-debouzy.com/en/collaborateur/alexandra-antalis/) - [Diane Reboursier](https://www.august-debouzy.com/en/collaborateur/diane-reboursier/) - [Boris Léone-Robin](https://www.august-debouzy.com/en/collaborateur/boris-leone-robin/) - [Célia Lesueur](https://www.august-debouzy.com/en/collaborateur/celia-lesueu/) - [Jennifer Hinge](https://www.august-debouzy.com/en/collaborateur/jennifer-hinge/) - [Pauline Desplas](https://www.august-debouzy.com/en/collaborateur/pauline-desplas/) - [Mathilde Cagnato](https://www.august-debouzy.com/en/collaborateur/mathilde-cagnato/) - [Vincent Brenot](https://www.august-debouzy.com/en/collaborateur/vincent-brenot/) - [Victoire Le Calvez](https://www.august-debouzy.com/en/collaborateur/victoire-le-calvez/) - [Marie Danis](https://www.august-debouzy.com/en/collaborateur/marie-danis/) - [Claire Li](https://www.august-debouzy.com/en/collaborateur/claire-li/) - [Guillaume Aubatier](https://www.august-debouzy.com/en/collaborateur/guillaume-aubatier/) - [Aboubacar Diawara](https://www.august-debouzy.com/en/collaborateur/aboubacar-diawara/) ## Discover more content that might interest you News [09/09/26 Deal 1 min August Debouzy is advising the SPHERE Group August Debouzy advised the SPHERE Group, backed by Hivest Capital Partners, on its acquisition of Polyex, a French specialist in polyethylene packaging. 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