Transactions in Germany

Allen & Overy LLP

The team at Allen & Overy LLP covers various market segments and, in addition to mid-cap transactions, also handles a number of large-cap transactions, highlighting the team's sector expertise in financial services, life sciences and infrastructure. Nils Koffka heads the team, which is also well equipped to assist with financing matters arising from private equity investments.

Practice head(s):

Nils Koffka

Other key lawyers:

Dominik Stühler

Key clients

3i Group plc

Advent

Bencis Capital Partners BV

Brookfield Asset Management Inc.

Capiton AG

Chequers Capital

EQT

Macquarie

Patrizia AG

Ashurst LLP

Ashurst LLP is particularly well versed in real estate, infrastructure and energy sector work, advising private equity investors on medium-sized national and international acquisition transactions, including financing and other related matters. The team led by Benedikt von Schorlemer also handles management participation programmes.

Practice head(s):

Benedikt von Schorlemer

Other key lawyers:

Jan Krekeler

Key clients

Equistone Partners GmbH

Foresight Group

GEG German Estate Group AG

Waterland Private Equity Investments B.V.

DPE Deutsche Private Equity GmbH

Macquarie Group Limited

Palmira Capital Partners GmbH

Aberdeen Standard Investments

Baker McKenzie

Baker McKenzie's client portfolio includes a large number of private equity funds, which regularly receive advice on transactions, many of which are in a cross-border setting, as well as on the reorganisation of portfolio companies and exit preparations. Berthold Hummel has particular biotech and life sciences experience and is one of the team's key individuals alongside practice head Ingo Strauss. Transactions partner Gerald Schumann moved to DLA Piper in July 2018.

Practice head(s):

Ingo Strauss

Other key lawyers:

Berthold Hummel

Testimonials

Broad team with very good industry knowledge.

Are able to tackle high-volume deals.

Good understanding of numbers and very strong in negotiations.

Are able to anticipate clients’ needs and are ready for lots of topics ad hoc.

Key clients

Advent International

Avedon Capital Partners

Deutsche Beteiligungs AG

Heidelberg Capital

Hitachi Chemical Company Ltd.

Pagoda Investment

Stirling Square Capital

Syngroh Capital GmbH

Ufenau Capital Partners AG

Work highlights

  • Advised Deutsche Beteiligungs AG and DBAG Fund VII, managed by Deutschen Beteiligungs AG, on its investment in Kraft & Bauer Holding GmbH, a provider of fire protection systems for tooling machines.
  • Advised Swiss investor group Ufenau Capital Partners AG on its majority interest in the Kruppert Group, a one-stop-shop supplier for the leasing and cleaning of textiles for hotels, restaurants and catering companies.
  • Advised Chinese private equity fund Pagoda Investment on the sale of asset management company TRAPPETRINN Vermögensverwaltungsgesellschaft mbH, as well as its subsidiaries ascopharm GmbH and revomed GmbH, to Point Rouge GmbH – an online shop for cosmetics and beauty products.

Clifford Chance

Clifford Chance's team regularly acts for private equity funds and their portfolio companies in large and mid-cap cross-border transactions, often involving colleagues from the firm's M&A and finance practices. While covering various asset classes, the team is particularly experienced in regulated industries such as energy, infrastructure and healthcare. Anselm Raddatz heads the practice. Sonya Pauls is the main contact for fund structuring work.

Practice head(s):

Anselm Raddatz

Other key lawyers:

Joachim Hasselbach; Frederik Mühl; Thomas Krecek; Sonya Pauls

Key clients

3i Group plc

Nordic Capital

Permira

FläktGroup – Triton

DPE Deutsche Private Equity GmbH

Cinven Capital Management (V) General Partner Limited

Hans Anders / 3i Group

EQT

NS Financial Services Company Limited

Triton

Work highlights

  • Advised 3i Group plc, and funds managed by 3i, on the sale of its share of Scandlines for a total of €1.7bn.
  • Advised the private equity investor Nordic Capital on the acquisition of a majority stake of the software company BOARD International.
  • Advised FläktGroup, a portfolio company of Triton, on the sale of DELBAG, a specialist for air filtration, to Hengst SE.

CMS

CMS primarily acts in the mid-market segment but can also demonstrate capabilities in the large-cap space. Alongside its full-service approach, clients also benefit from the team's broad industry expertise with specialist know-how in life sciences, energy, TMC and real estate. Tobias Schneider and Oliver Wolfgramm jointly head the practice.

Practice head(s):

Tobias Schneider; Oliver Wolfgramm

Other key lawyers:

Malte Bruhns; Eva Annett Grigoleit

Key clients

AFINUM Management GmbH

Bregal Investments

Capcellence Mittelstandspartner GmbH.

capiton AG

Mayfair Equity Partners LLP

Mutares AG

Oaktree Capital Management, L.P.

Highland Group

Cinven

Work highlights

  • Advised One Square Advisors GmbH on the acquisition of the business operation of a company from the motor industry, by means of an asset deal (Riva structure).
  • Advised SYNLAB on various add-on transactions, such as the acquisition of a limited partnership interest of EMT Medizintechnik GmbH.
  • Advised Halder Beteiligungsberatung GmbH on the sale of water dispenser company Aqua Vital Group to US portfolio company Advent, Culligan International.

Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer has a broad bench strength and a team with many well-known partners such as Ludwig Leyendecker and Markus Paul, who frequently act for financial investors in large-scale private equity transactions, add-on transactions and investments.

Practice head(s):

Markus Paul

Other key lawyers:

Ludwig Leyendecker; Stephanie Hundertmark; Arend von Riegen; Kai Hasselbach

Gibson, Dunn & Crutcher LLP

Gibson, Dunn & Crutcher LLP focuses on mid-cap and large-cap sector work and was able to further expand the latter during the research period by increasing its client portfolio in this segment. The team advises investors on national and cross-border transactions, which are frequently handled in cooperation with various offices, particularly those in the US. When dealing with LBO financings and restructuring matters, the team also draws upon its financing colleagues. Dirk Oberbracht is a key contact and advises, among other matters, on carve-outs, minority interests and management participations.

Other key lawyers:

Dirk Oberbracht; Wilhelm Reinhardt

Testimonials

Knowledgeable, engaged, quick and strong communicators.

Ferdinand Fromholzer is characterised by distinctive objectivity, legal expertise and reliability and is binding in his statements.

Key clients

Baird Capital

One Equity Partners

Triton

KKR & Co. Inc

Work highlights

  • Advised Baird Capital on post-closing matters following the sale of Zarges Group.
  • Advised One Equity Partners on the acquisition of Alltub Group.
  • Advised One Equity Partners and SGB-SMIT on the acquisition of BCV Technologies S.A.S. from Schneider Electric.

Gleiss Lutz

Gleiss Lutz provides wide-ranging advice to financial investors on transactions in the large and mid-cap space, including tax-optimised acquisition structures, as well as on acquisition finance and management participations. Jan Balssen and Christian Cascante jointly head the practice, which lost Jörn Wöbke to Schnittker Möllmann Partners in December 2018 and Fred Wendt to Flick Gocke Schaumburg in October 2019.

Practice head(s):

Jan Balssen; Christian Cascante

Hengeler Mueller

The 'highly specialised' team at Hengeler Mueller 'ranks among the best firms for private equity transactions in Germany', underpinned by its remarkable track record. The team advises funds of all sizes alongside newly founded investment companies and increasingly VC investors on large and mid-cap transactions, which benefit from the team's close cooperation with other practices. Key individuals include the 'outstanding' Christof Jäckle, whose client base includes sovereign wealth funds, 'reliable' PE and VC expert Emanuel Strehle and the 'incredibly experienced and commercial' Hans-Jörg Ziegenhain, who also provides assistance with corporate and M&A matters. Daniel Möritz also acts at this interface.

Other key lawyers:

Andreas Hoger; Christof Jäckle; Hans-Jörg Ziegenhain; Emanuel Strehle; Alexander Nolte; Daniel Wiegand

Testimonials

Stand out for their good risk assessment and very balanced advice.

Very strong in negotiations.’

Highly specialised team. One of the first points of contact for private equity transactions in Germany. Small, powerful teams instead of masses of associates, like in other large firms. Partners remain hands-on and detail-oriented.

Emanuel Strehle and Andreas Hoger. 100% reliable and trustworthy lawyers – I now and again also call them for a second opinion about challenging topics.

Emmanuel Strehle: Experienced M&A lawyer, who especially in negotiations with private equity investment are able to build bridges between the industry and PE.

Emanuel Strehle: Excellent lawyer, who thinks commercially and is great in the details.

Hansi Ziegehain: Probably #1 PE lawyer in Germany. Incredibly experienced, legally very good and at the same time very commercially oriented.

Key clients

Accel Partners Ltd.

Advent International

Apollo Global Management, LLC

Cerberus Capital Management L.P.

CVC Capital Partners (Germany) GmbH

Five Arrows Principal Investments

EQT

FSN Capital Partners GmbH

FSN Capital GP V Limited

Kohlberg Kravis Roberts &Co. Ltd. (KKR)

Linde AG

MEDIAN Unternehmensgruppe B.V. & Co. KG

Moonlake Capital

Novacap

Otto Group

Takeaway.com

Tencent Holdings Ltd.

VTG AG

UCB Pharma GmbH

Waterland Private Equity

Work highlights

  • Advised Bain Capital LLC on the sale of an equity holding of Wittur-Gruppe to the canadian Public Sector Pension Investment Board (PSP Investments).
  • Advised Cerberus Capital Management L.P. on the acquisition of shares of HSH Nordbank, together with other shareholders.
  • Advised Five Arrows Principal Investments on the sale of Prospitalia GmbH, an IT-based  purchasing service provider, to Nordic Capital.

Heuking Kühn Lüer Wojtek

The 'well connected and professional' private equity practice at Heuking Kühn Lüer Wojtek is spread across four offices and assists private equity firms and family offices with medium-sized transactions including exits and the implementation of buy-to-build strategies. The team led by Peter Christian Schmidt increased its bench strength with the arrival of PE transactions expert Oliver von Rosenberg from GÖRG Partnerschaft von Rechtsanwälten mbB in January 2020 alongside Alexander Jüngst, who previously acted as counsel at the same firm and joined as partner.

Practice head(s):

Peter Christian Schmidt

Other key lawyers:

Boris Dürr; Hermann Ali Hinderer; Pär Johansson; Jörg aus der Fünten

Testimonials

Good price-performance ratio.

Hermann Ali Hinderer is tactically very good and brings deals to a close without losing sight of clients’ interests.

Key clients

Auctus Capital Partners

Odewald KMU II

Primepulse SE

Triton

J.D. Power

Photonics Systems Holding GmbH

PREMIUM EQUITY PARTNERS GMBH

SD Sugar Daddies GmbH

Work highlights

  • Advised the funds managed by Auctus Capital Partners and its portfolio company GS Star GmbH on the acquisition of the Rilano Group.
  • Advised Primepulse SE on the acquisition of Katek GmbH, including subsidiaries in Austria and Hungary, from Kathrein SE.
  • Advised Photonics Systems Holding GmbH, a portfolio compamy of CGS IV (Jersey) L.P., on the takeover of LS Laser Systems GmbH.

Hogan Lovells International LLP

Hogan Lovells International LLP regularly acts for financial and strategic investors with a focus on the mid-cap market and also handles work for portfolio companies and management teams. When advising on international transactions, its clients also benefit from the team's integrated transatlantic capabilities. Both its international and national work frequently takes place in the real estate, life sciences, retail and technology space. Matthias Jaletzke heads the practice.

Practice head(s):

Matthias Jaletzke

Other key lawyers:

Lars Benger; Volker Geyrhalter; Hanns Jörg Herwig; Peter Huber

Key clients

All4Labels

Bregal Unternehmerkapital

Castik Capital S.à.r.l.

CILON GmbH

Genui GmbH

Halder

Invision Capital Partners

IMCap GmbH

Quadriga Capital

M&G Real Estate

Work highlights

  • Advised All4labels Group on the acquisition of Baumgarten Group and the Nuceria Group.
  • Advised Castik Capital S.à.r.l. on the acquisition of hospital operator STENUM Ortho GmbH, on the acquisition of the AllDent Group, and on the bidding procedure concerning the acquisition of an original equipment manufacturer of medical products.
  • Advised IMCap GmbH on the acquisition of a majority interest of Intact GmbH.

Jones Day

Jones Day acts for several private equity firms in the large and mid-cap sectors and has recently been able to expand its client portfolio with a number of new mandates. This includes Asian investment funds, which enabled the team led by Ivo Posluschny and Ansgar Rempp to increase its involvement in China-related transactional matters.

Practice head(s):

Ivo Posluschny; Ansgar Rempp

Other key lawyers:

Adriane Sturm; Stefan Schneider

Key clients

AGIC Capital

Alliance Ventures

btov Partners

Celonis SE

DBAG Deutsche Beteiligungs AG

EagleTree Capital

Eurazeo Growth

Findos Investor GmbH

Fosun International Limited

Goldman Sachs

Hi Inov Dentressangle SA

Morgan Stanley Private Equity

Orange S.A.

PAG Asia

Reifen Krieg GmbH

The Riverside Company

Seventure Partners

Testbirds

Work highlights

  • Advised Fosun International on the acquisition of the German company FFT GmbH & Co. KGaA from ATON GmbH.
  • Advised PAG Asia Capital Ltd. on the acquisition of all assets of the Takata Corporation in Germany, the US, Japan and other European countries by Key Safety Systems.
  • Advised French telecommunications company Orange S.A. and its Belgian subsidiary Atlas Countries Support S.A. on its investment in Jumia Technologies AG with a registered office in Berlin.

Kirkland & Ellis International LLP

The 'very commercially minded' team at Kirkland & Ellis International LLP has carved out a strong practice advising sponsors on outbound and inbound transactions, which are frequently handled in cooperation with its practices in London and Paris. Its inbound services are particularly attractive for US sponsors. 'Top lawyer' Benjamin Leyendecker and the 'very pragmatic' Jörg Kirchner are frequently recommended. Thomas Krawitz was elevated to the partnership in October 2018 and handles, like Leyendecker and Kirchner, M&A mandates alongside private equity transactions.

Other key lawyers:

Benjamin Leyendecker; Jörg Kirchner; Volkmar Bruckner; Attila Oldag; Thomas Krawitz

Testimonials

Top in negotiations.

Ben Leyendecker – top lawyer, who is always available, deeply involved in all subject matters, creative and commercial in his solutions. He always finds the right tone in negotiations.

Jörg Kirchner always delivers high quality and well thought-out solutions.

Key clients

EP Global Commerce GmbH

Blackstone

SK Capital Partners

Bain Capital Private Equity

Cinven

Partners Group

H.I.G. Capital, LLC

Talem Holding GmbH & Co. KG

TDR Capital Limited

GTCR LLC

Kohlberg Kravis Roberts & Co. L.P. (KKR)

Oakley Capital Investments Limited

Pamplona Capital Management

Pritzker Private Capital

Sycamore Partners LLC

Work highlights

  • Advised EP Global Commerce GmbH on the acquisition of a significant stake in METRO AG from Haniel Finance Deutschland GmbH.
  • Advised SK Capital Partners on a bidding procedure for the acquisition of the methacrylate business of the speciality chemicals company Evonik.
  • Advised Bain Capital Private Equity and the Carlyle Group on the voluntary public takeover offer for all shares of OSRAM Licht AG.

Latham & Watkins LLP

Latham & Watkins LLP covers the full spectrum of PE and stands out for its strong US practice and for its close cooperation with the firm's London office. The team led by Burc Hesse advises a broad range of clients, including large international funds, mid-market investors and investors focused on specific industries. PE and M&A expert Oliver Felsenstein and Rainer Traugott, who, alongside PE, is also well versed in corporate restructurings, are frequently recommended. Gregor Klenk joined Goodwin in February 2019.

Practice head(s):

Burc Hesse

Other key lawyers:

Oliver Felsenstein; Rainer Traugott; Nils Röver; Stefan Widder

Key clients

Apollo Global Management

Bregal Investments

Brookfield Business Partners L.P.

Capvis Equity Partners AG

Centerbridge Partners, L.P.

Chequers Capital

CVC Capital Partners

Deutsche Beteiligungs AG

Equistone Partners Europe Limited

Hellman & Friedman LLC

Blackstone Group Inc.

Hg

Partners Group

The Carlyle Group

Triton

Silverfleet Capital Partners LLP

Work highlights

  • Advised Bregal Investments on the acquisition of SHD AG and NRW Building Technology Holding.
  • Advised Chequers Capital on the sale of Deutsche Fachpflege Gruppe (DFG), a leading provider for out-of-clinic intensive care services in Germany, to Advent International.
  • Represented the funds advised by Equistone Partners Europe Limited on the acquisition of a majority stake in the world leading hi-tech business group RENA, by funds advised by Capvis AG.

Linklaters

Led by Ralph Drebes, the team at Linklaters assists private equity investors with national and international transactions alongside associated strategic corporate matters and, most recently, has also expanded its work for financial investors in the real estate sector. Clients also benefit from the team's close cooperation with the firm's financing and tax law practices.

Practice head(s):

Ralph Drebes

Other key lawyers:

Sebastian Daub; Florian Harder; Christopher Kellett

Key clients

Macquarie

Public Sector Pension Investment Board (PSP Investments)

Canada Pension Plan Investment Board (CPPIB)

Intek Group S.p.A.

Aermont Capital LLP

Brambles

Deutsche Beteiligungs AG

Sino-CEEF Capital Management Company Ltd

Waterland Private Equity Investments

Work highlights

  • Advised Macquarie on the sale of the reading service Techem for €4.6m to consortium Partners Group Holding.
  • Advised  Public Sector Pension Investment Board (PSP Investments) on the acquisition of a 32% share of Wittur Gruppe.
  • Advised Intek Group S.p.A. on the complete acquisition of MKM Mansfelder Kupfer und Messing GmbH.

McDermott Will & Emery Rechtsanwälte Steuerberater LLP

McDermott Will & Emery Rechtsanwälte Steuerberater LLP 'combines its private equity expertise with in-depth healthcare sector expertise'. Additionally, the team led by Nikolaus von Jacobs has a specialism in real estate sector work but also deals with various other sectors and has been increasingly active advising on transactions in the service sector, most notably in the mid-cap segment. As well as acting for private equity firms, the team also acts for companies and owners in a national and international context. In summer 2018, the Munich office was strengthened with the arrival of Tobias Koppmann from Noerr. In Frankfurt, PE, M&A and capital markets transactions lawyer Norman Wasse made partner in January 2019.

Practice head(s):

Nikolaus von Jacobs

Other key lawyers:

Jan Hückel; Carsten Böhm; Tobias Koppmann; Norman Wasse

Testimonials

‘Interdisciplinary understanding combined with state-of-the-art process management.’

‘Always available, solution-oriented and cooperative (win-win solutions); competent and creative, pragmatic problem solving.’

Key clients

Ampersand Capital Partners

AUCTUS Capital Partners AG

Bilfinger SE

Finatem Beteiligungsgesellschaft

Gilde Buy Out Partners B.V.

Gimv NV

KPM Analytics, Inc.

KPS Capital Partners, LP

Penta Investments Limited

Rubicon Partners

Silverfleet Capital Partners LLP

Süd Beteiligungen GmbH

VR Equitypartner GmbH

Union Park Capital

VR Equitypartner GmbH

Armacell International S.A.

Work highlights

  • Continued advice to AUCTUS Capital Partners AG on acquisitions in the healthcare sector in Europe and the US.
  • Advised Bilfinger SE on the sale of its European overhead line construction business in the energy sector within the scope of an auctioning process to EQOS Energie, a portfolio company of the private equity investor Triton.
  • Advised the investment company Finatem on the acquisition of a majority investment in Gesellschaft für Straßenunterhaltung mbH (GfS) through its fund Finatem IV.

Milbank

Milbank's 'proactive' team advises sponsors and investors on domestic and cross-border mandates, which frequently require expertise at the intersection with corporate and M&A, financing, antitrust and tax law, and 'is equally committed to handle follow-up issues arising in the aftermath of a transaction'. The team handles the full remit of PE and acts both in the large and mid-cap space with Michael Bernhardt being one of the main contacts for the latter. Other key individuals include the two founding partners of the Munich office Norbert Rieger and Peter Nussbaum, who 'gets complex matters to the point', as well as Steffen Oppenländer, who, in addition to PE and M&A, also handles succession issues, and 'good negotiatorSebastian Heim, who made partner in January 2019.

Testimonials

Understand the importance of comprehensively incorporating the business side.

‘High degree of competency and availability.’

Peter Nussbaum is one of the most experienced transactional lawyers in Germany and due to his broad experience knows well how to arrange negotations, especially in transactions with contractual partners in the US.

Key clients

Advent International

Apax Partners LLP

Ardian

CVC Capital Partners

Deutsche Beteiligungs AG

ECM Equity Capital Management GmbH

EQT

General Atlantic

Goldman Sachs Merchant Banking Division

H.I.G. European Capital Partners GmbH

L-GAM Advisers LLP

MB Beteiligungsgesellschaft mbH

PAI Partners

Partners Group AG

The Carlyle Group

Work highlights

  • Advised Advent International on the acquisition of Distributed Power-Business from General Electric Company for $3.25bn.
  • Advised General Atlantic on a strategic partnership with respect to the index business of Deutsche Börse Gruppe. General Atlantic invested ca. $715m for the acquisition of Axioma Inc., a leading global provider of cloud-based software solutions for portfolio and risk management.
  • Advised EQT VIII SCSp on the acquisition of the SUSE Open-Source Infrastruktur-Software business of Micro Focus plc.

Noerr

Noerr assists national and international financial investors - with the firm's presence in London, the team has established particularly strong relationships with the latter - with medium and large-scale investment and buy-out transactions, which are frequently handled in cooperation with colleagues from the banking and finance practices. Handling management participation matters is also part of its offering. Georg Christoph Schneider and Christian Pleister jointly head the practice, which gained mid-cap specialist Holger Ebersberger from Ashurst LLP in August 2018.

Practice head(s):

Georg Christoph Schneider; Christian Pleister

Other key lawyers:

Holger Ebersberger

Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP is 'very committed and shows tremendous dedication'. Much of its work pertains to the mid-cap sector with the team having recently been particularly active in the healthcare and technology space. With the arrival of Christine Kaniak from Kirkland & Ellis International LLP in July 2018, the team also strengthened its PE financing capabilities. Clients value her 'strength in negotiating with banks'. The team was also augmented with the addition of foreign counsel Abhijit Narayan, who joined in March 2019 from Hengeler Mueller and was entrusted with the establishment of the firm's India Desk. Christoph Brenner and the 'always available' Thomas Schmid head the practice.

Practice head(s):

Christoph Brenner; Thomas Schmid

Other key lawyers:

Oliver Duys; Fabian von Samson-Himmelstjerna; Abhijit Narayan; Christine Kaniak

Testimonials

Good cooperation with other practice areas.

Thomas Schmid is a key contact who delivers work promptly.

Fabian von Samson-Himmelstjerna is an excellent lawyer, who leads projects with extraordinary commitment and puts clients’ interests above all else.

Key clients

Ardian

Deutsche Beteiligungs AG

EQT

Findos Investor GmbH

Gimv NV

Jolt Capital SAS

Luxempart S.A.

RSBG Inc.

State Street Global Advisors

VR Equitypartner GmbH

Work highlights

  • Advised EQT on the sale of the business segment of E.I.S. Aircraft Group, E.I.S. Aircraft Operations, to the English QinetiQ Group.
  • Advised  Findos Investor GmbH on the sale of the majority interest of automotive parts specialist Rameder Group to FSN Capital Partners.
  • Advised Findos Investor GmbH on the acquisition of telemedicine service provider Sanvartis GmbH, and its merger with Careforce Group.

P+P Pöllath + Partners

P+P Pöllath + Partners is a respected player in the market and best known for advising management teams on management participation programmes. In cooperation with colleagues from the tax law and fund structuring practices, the team also handles national and cross-border transactions, reflecting its strong capabilities at these intersections. Eva Nase and Jens Hörmann co-head the practice, which includes Benedikt Hohaus, who is experienced in advising management teams, transactions expert Andrea von Drygalski, leveraged buyout specialist Philipp von Braunschweig and Tim Kaufhold, who made partner at the beginning of 2019. Kaufhold predominantly advises medium-sized private equity investors and Amos Veith is recommended for fund structuring.

Practice head(s):

Eva Nase; Jens Hörmann

Key clients

Ambienta SGR S.p.A.

EQT

DPE Deutsche Private Equity GmbH

Equistone Partners Europe Limited

CIC Capital

PESCA Equity Partners GmbH

Elvaston

PINOVA Capital

Grünwald Equity Industrie GmbH

Bahr Modultechnik GmbH

Oaktree Capital Management

Evonik Industries AG

Prefere Resins

MediFox

Work highlights

  • Advised EQT on the acquisition of the open-source software provider SUSE.
  • Advised funds managed by Equistone Partners Europe Limited on the sale of a majority interest of the Caseking Group, to funds advised by Gilde Buy Out Partners.
  • Advised CIC Capital Deutschland GmbH and Pesca Equity Partners GmbH on a majority stake in Brüning-Gruppe executed by means of an owner buy-out.

Taylor Wessing

In transactional work, Taylor Wessing focuses on the mid-cap segment, acting for private equity firms and their portfolio companies, which benefit from the team's close cooperation with the firm's private equity financing department, as well as from its life sciences and healthcare know-how. At the beginning of 2019, this sector focus was further reinforced by the strategic alliance for technology and life sciences transactions with US firm Wilson Sonsini Goodrich & Rosati. Advising on management participation programmes, most notably in regulated industries, constitutes another key element of expertise for the team jointly led by Klaus Grossmann and Walter Henle.

Practice head(s):

Klaus Grossmann; Walter Henle

Other key lawyers:

Ernst-Albrecht von Beauvais; Peter Hellich; Michael Stein; Maria Weiers; Stefan Kroeker

Key clients

Alpina Capital Partners LLP

ACC Holding Inc.

Nord Holding

intive S.A.

Leatherman Tool Group, Inc.

Steadfast Capital

WMD Group

Riverside Partners

Work highlights

  • Advised Alpina Capital Partners LLP on the sale of all shares of Dolan Holding GmbH and Dolan GmbH to Dralon GmbH.
  • Advised investment company ACC Holding Inc., as well as other shareholders and founders of Perconex GmbH, on the sale of the majority stake of Perconex GmbH to a fund advised by Kieger AG and a strategic co-investor.
  • Advised the management of the software developer intive S.A. on the sale of shares to private equity investor Mid Europa Fund IV, advised by Mid Europa Partners.

Weil, Gotshal & Manges LLP

In cooperation with its offices in London, Paris and Boston, Weil, Gotshal & Manges LLP covers a broad range of transactions, including secondary and tertiary buy-outs and add-on acquisitions. In addition to providing transactional support, the team also advises financial investors on associated corporate and employment law aspects alongside tax structuring, acquisition finance and merger control. Managing partner Gerhard Schmidt heads the team, which received a boost with the arrival of Hendrik Röhricht from White & Case LLP in January 2019. He strengthened the team's mid and large-cap capabilities in particular.

Practice head(s):

Gerhard Schmidt

Other key lawyers:

Christian Tappeiner; Hendrik Röhricht; Kamyar Abrar

Key clients

Novalpina Capital LLP

Advent International

Bain Capital, LP

KKR & Co. Inc

GHO Capital

EQT

Inven Capital

TPG Capital

Generation Investment Management LLP

Providence Equity

Work highlights

  • Advised the financial investors Advent International and Bain Capital, LP, as well as the portfolio company Concardis Payment Group, on the merger of Nets A/S with Concardis Payment Group.
  • Advised Novalpina Capital LLP on a buy-out led by the management of NSO Group, and the acquisition of NSO Group, by Francisco Partners and other companies.
  • Advised Sanofi SA within the framework of a demerger as well as on the subsequent sale of the European generic drugs division of Zentiva to funds managed by Advent International for €1.9bn.

White & Case LLP

White & Case LLP works in close conjunction with various practice groups in the firm's German and international offices and assists with large and mid-cap instructions and bidding procedures, handling both transactional and finance aspects. Stefan Koch is the main contact for transactional work, while Gernot Wagner frequently provides associated financing advice. Hendrik Röhricht, who was particularly involved in mid-market matters, joined Weil, Gotshal & Manges LLP at the beginning of 2019.

Practice head(s):

Stefan Koch; Gernot Wagner

Key clients

Alder Fund I AB

Ardian

Battery Ventures

Daimler AG

Future Industry Investment Fund LLP

Nordic Capital

Steadfast Capital

Verdane Capital

Wilma Europe Holding B.V.

Work highlights

  • Advised Wilma Europe Holding B.V. on the sale of the majority stake of Wilma Immobilien GmbH to Aermont Capital Real Estate Fund IV, a Luxembourgish real estate fund.
  • Advised Battery Ventures and the portfolio company AED-SICAD GmbH on the acquisition of all shares of the Dynamic Design Group.
  • Advised Swedish investors Alder Fund I AB on the sale of the majority stake of r2p GmbH, including a call option for Open Access Pty Ltd., for HQ Equita GmbH, an investment company of HQ Capital.

Willkie Farr & Gallagher LLP

As well as acting for a large number of mid-cap clients, Willkie Farr & Gallagher LLP also advises smaller private equity firms and large US asset managers on national and cross-border transactions. In doing so, the practice receives regular assistance from its finance practice colleagues. Georg Linde heads the team.

Practice head(s):

Georg Linde

Other key lawyers:

Stefan Jörgens; Axel Wahl

Key clients

CVC Capital Partners

PAI Partners

The Sterling Group

GoldenTree Asset Management LP

Hudson’s Bay Company (HBC)

3i Group plc

Ardian

Genstar Capital

Castik Capital

Waterland Private Equity Investments GmbH

EQT

Wendel

Palamon Capital Partners

Work highlights

  • Advised EQT Mid Market Fund on the sale of Avenso to Lumas Art Editions GmbH.
  • Advised investor GoldenTree Asset Management on its investment in HSH Nordbank.
  • Advised HK Food GmbH, a subsidiary of the business group Theo Müller, on the sale of Nordsee Holding GmbH to the Swiss financial investor Kharis Capital.