Firms To Watch: Private equity

The arrival in June 2022 of both Michael Meylan  and Vanessa Schmitt from Stibbe has galvanised Strelia‘s transactional offering in the private equity space, in light of both practitioners’ skills at structuring cross-border M&A mandates for a range of notable financial sponsors.

Private equity in Luxembourg

Allen & Overy Luxembourg

Frequently acting alongside other offices throughout the firm's international network, Allen & Overy Luxembourg's multidisciplinary team is well positioned to provide a one-stop-shop service to private equity sponsors across the full range of their needs, including on operational matters, investment activity and exit strategies. The 'very technical and experienced' Fabian Beullekens regularly advises on the Luxembourg structuring aspects of cross-border M&A handled by high-profile financial sponsors, including his recent work, alongside lawyers from Germany, for CVC Capital Partners on its acquisition of a stake in The Quality Group. Peter Myners also regularly advises sponsors on the establishment of their Luxembourg investment platforms to facilitate cross-border transactions and through his role on the executive committee of the Luxembourg Private Equity & Venture Capital Association (LPEA) is also a fierce advocate in the promotion of private equity in the Grand Duchy. Promoted to partner in May 2022, Sylvian Cailleau provides a 'very hands-on service' to sponsors on private equity-related M&A, as well as helping managers of infrastructture funds develop and expand their platform in Luxembourg.

Practice head(s):

Fabian Beullekens; Peter Myners; Jacques Graas; Sylvain Cailleau; Patrick Mischo; Jean Schaffner; Jean-Christian Six;Yannick Arbaut


Testimonials

‘We appreciate their commercial approach and advice tailored to our requirements. Moreover, we appreciate their specialist advice about the regulatory environment in Luxembourg and guidance about the best corporate governance practices to implement.’

‘We are really happy with the firm’s private equity in general. They know our processes well and are able to deliver quickly a good quality work. They are communicating well and updates on work are provided sufficiently in advance to allow easy and efficient discussions.’

‘The very technical and experienced Fabian Beullekens is one of the best M&A practitioners in Luxembourg and it was a pleasure to work with him.’

Work highlights


  • Advised CVC Capital on its acquisition of a stake in The Quality Group, a leading manufacturer of innovative sports performance nutrition products and healthy, low-sugar food alternatives in the DACH region.
  • Advised Warburg Pincus on its acquisition of Pharma Intelligence, a leading provider of specialist intelligence, data, and software for clinical trials, drug development, and regulatory compliance, from Informa PLC.
  • Advised certain funds managed by affiliates of Apollo Global Management, Inc on its acquisition of a stake in CPI Property Group, a Luxembourg-based listed real estate player.

Arendt & Medernach

The 'responsive' team at Arendt & Medernach provides 'high-quality advice' to an impressively large proportion of many of the largest financial sponsors in the Luxembourg market, including Blackstone, Warburg Pincus and Bain Capital, on their activity throughout the value chain, including on their downstream investment activity. The 'exceptional' Laurent Schummer is central to much of the private equity-related M&A work, including his recent advice to HgCapital on the acquisition of a minority stake in IFS. In addition to his transactional expertise in the space, Pierre Beissel has a core commitment to promoting the private equity industry in Luxembourg and is a member of the board of the Luxembourg Private Equity Association (LPEA). Adrian Aldinger heads the team.

Practice head(s):

Adrian Aldinger


Other key lawyers:

Pierre Beissel; Laurent Schummer; Sébastien Binard; Bob Calmes; Alexander Olliges; Carsten Opitz


Testimonials

The team is responsive and provides high-quality advice.’

‘The exceptional Laurent Schummer provides solutions-oriented advice.’

Key clients

Montagu Private Equity


Warburg Pincus


Ardian


Permira


Bain Capital


Castik Capital


Blackstone


Summit Partners


Triton Investment Management


Milestone


LVMH / L Catterton


Work highlights


  • Advised Ardian on the acquisition of Adamo in Spain.
  • Advised HgCapital on the acquisition of a minority stake in IFS, a global cloud software company, and WorkWave, a cloud-based field service solution from EQT’s EQT VIII Fund.
  • Advised Partners Group (Luxembourg) S.A., in the context of a sale of a significant stake of its investment in Foncia, a European leader in property management services, to TA Associates.

Clifford Chance

Now with three partners focused on private equity-led M&A work, following the arrival in January 2022 of Saskia Myners from PwC Legal Luxembourg, Clifford Chance is even better-equipped to provide the Luxembourg structuring support to other offices across the firm's international network in relation to the large pipeline of cross-border mandates generated by the firm's impressive roster of sponsor clients. This one-stop-shop and integrated approach also manifests itself in relation to its ability to successfully collaborate with fund structuring, finance and tax partners based out of Luxembourg, ensuring clients receive a 'very business-friendly and efficient' service. Senior partner Christian Kremer has strong track record in the space and is a key member of the team that also includes Katia Gauzès, who combines her fee-earning activities alongside her extra duties as newly appointed managing partner of the office.

Practice head(s):

Katia Gauzès; Christian Kremer; Saskia Myners


Other key lawyers:

Paul Van den Abeele; Emmanuel-Frédéric Henrion; Kristof Meynaerts; Maren Stadler-Tjan; Sascha Nolte; Lauren Harris; Frédérique Davister; Mélissa Kdyem; Dunja Pralong-Damjanovic; Judit Stern; Louis Mamère; Oliver Zwick; Bart Denys; Matthias Kerbusch; Christian Lennig


Testimonials

‘The team is very business friendly, driven, available and efficient. They are accessible, passionate about their activities and quite proactive.’

‘The individuals are very friendly, savvy, knowledgeable and on time.’

Key clients

Allegro


Codere Online Luxembourg, S.A.


OMERS


Partners Group


CPI Property Group


DWS


Partners Group


Cornerstone Investment Management


Arax Properties and Partners Group


CK Asset Holdings


Ufinet Latam


KKR


HG


Credit Suisse Asset Management


Work highlights


  • Advised Allegro, the most popular shopping platform in Poland and one of the world’s top ten e-commerce websites, on its acquisition of 100% of the shares of Mall Group a.s. and WE I DO CZ s.r.o. from the selling shareholders PPF, EC Investments, and Rockaway Capital for a total consideration of €881m.
  • Advised the management team of Ufinet Latam on the sale process of Ufinet Latam for a value of approximately €2.5bn.
  • Advised Partners Group on the acquisition of atNorth.

Elvinger Hoss Prussen

The ‘knowledgeable’ team at Elvinger Hoss Prussen provides ‘solutions-oriented advice’ to an eclectic mix of sponsor clients with different strategies, including in LBOs and growth capital matters. As well as often being involved in the initial fund structuring, the team provides a joined-up approach on the corporate, finance and tax aspects associated with M&A activity and on a potential exit via the capital markets. Toinon Hoss has longstanding expertise in the field and regularly acts for core client Cinven on the Luxembourg structuring aspects of its M&A activity. Katia Panichi co-heads the team alongside Hoss.

Practice head(s):

Toinon Hoss; Katia Panichi


Other key lawyers:

Cintia Martins; Patrick Santer; Frédéric Clasen; Anna Hermelinski-Ayache; Thierry Kauffman


Testimonials

‘The responsive team provides precise and really competent advice.’

‘The knowledgeable team provides solutions-oriented advice.’

Anna Hermelinski-Ayache is a magical lawyer. She can detect potential issues that nobody can and find immediate solutions.’

Key clients

Advent


Alpha Leonis Partners AG


Apollo


BC Partners


Blackstone


Bregal


Cinven


CVC Capital Partners


Greeneden Topco


Hellman & Friedman


Investindustrial


PIMCO


Providence Equity


Providence Strategic Growth (PSG)


Silver Lake


Sixth Street Partners


TDR


TPG


Vitruvian Partners


Work highlights


  • Provided Luxembourg legal advice to BC Partners on its acquisition with Canada Pension Plan Investment Board of CeramTec.
  • Advised Providence Equity Partners in connection with the acquisition of Marlink group, a global network solutions and satellite services provider.
  • Advised Hellman & Friedman on the Luxembourg aspects of its acquisition together with EQT Private Equity, of Zooplus.

Linklaters

Linklaters' Luxembourg team has a strong reputation advising on both traditional private equity M&A transactions, as well as for sovereign wealth funds on their investment strategies. In this context, the team is adept at providing the Luxembourg structures (including in relation to co-investments) to facilitate cross-border work where it works in an integrated fashion with the relevant office across its vast international footprint. Team head Nicolas Gauzès , embodies the versatility of the firm’s private equity offering, in light of his expertise not only in relation to the corporate aspects of sponsor-led M&A but also his ability to advise on other connected areas, including portfolio assistance and restructuring advice.

Practice head(s):

Nicolas Gauzès


Other key lawyers:

Manfred Müller; Rémy Bonneau; Maxime Bertomeu-Savalle; Florence Forster; Catherine Kremer


Key clients

Ardian


Triton


Carlyle Group


Arrival


Universal-Investment


Montagu Private Equity


HgCapital


PwC International


Union Acquisition Corp. II


Alinda Capital Partners


Cerberus European Residential opportunities B.V.


Apax Partners


IFM Investors (UK) Ltd.


Deutsche Börse Aktiengesellschaft


Partners Group


Work highlights


  • Advising Union Acquisition Corp. II (UAC II), a special purpose acquisition company (SPAC), on the successful closing of its business combination with Crynssen Pharma Group Ltd (Procaps) and related listing of new holding company Procaps Group, S.A. on Nasdaq under “PROC”.
  • Advising Deutsche Börse Aktiengesellschaft on the acquisition of Kneip Communication S.A., a leading European fund data specialist.
  • Advising Alinda Capital Partners on the sale of their stake in the Polish company Emitel S.A. to Cordiant Digital Infrastructure Limited.

Loyens & Loeff

Drawing together expertise from the fund structuring, corporate, banking and tax practice groups, Loyens & Loeff is well-placed to provide a ‘responsive and pragmatic’ offering to its impressive roster of private equity sponsor clients (as well as many US-based referring law firms) throughout the life-cycle of their structuring, investment and operational requirements. Frédéric Franckx  leads the firm’s transactional offering for financial sponsors that despite trying market conditions remains active including in relation to infrastructure and energy mandates. On the new money front the ‘solutions-oriented’ Guy Palmaers has considerable experience (including on de-SPAC mandates), while the ‘commercial and pragmatic’ Michael Scott is particularly strong ‘marrying both corporate law and restructuring skills’ and regularly advises on distressed M&A transactions for fund clients. Other recommended practitioners include Mathilde Lattard, who has a strong relationship with EQT (advising on both their fund raisings as well as subsequent M&A) and the ‘proactive and solutions oriented’ Ana Andreiana. The arrival in November 2022 of Frédéric Lemoine from Bonn & Schmitt further enhances the team’s M&A credentials in the space.

Practice head(s):

Marc Meyers (PE Fund Formation Team); Frédéric Franckx (Private Equity Transaction Team); Willem Bon (Tax)


Other key lawyers:

Guy Palmaers; Thierry Lohest; Michael Scott; Mathilde Lattard; Frédéric Lemoine; Siobhán McCarthy; Ana Andreiana


Testimonials

‘The team is responsive and pragmatic.’

Guy Palmaers is one of the best lawyers we have ever worked with, having perfect understanding of the business and corporate needs of the client and able to see the big picture and provide solutions-oriented advice.’

Michael Scott is a strong practitioner, marrying both corporate law and restructuring skills. He is commercial and pragmatic and has a wealth of experience of handling Luxembourg elements of many cross-border restructuring matters.’

‘Ana Andreiana is proactive and solutions oriented and shows great attention to details.’

Key clients

BlackRock


EQT Fund Management


The Gores Group


Alvarez & Marsal Capital, LLC


Alia Capital Partners


Muzinich & Co, Ltd


Searchlight Capital Partners


Partners Group


Morgan Stanley


Hellman & Friedman


Morningside Capital


Work highlights


  • Advised BlackRock as it led a group of investors towards the agreement to invest $15.5bn in Saudi Arabian Oil Company’s natural gas pipelines.
  • Advised Gores on an $8.5bn de-SPAC business combination with Ardagh Group.
  • Advised EQT on the acquisition by EQT IX’s fund and the Private Equity fund within Goldman Sachs Asset Management of Parexel International Corp (and its affiliates) for a value of $8.5bn.

AKD

The 'highly competent and responsive team' at AKD continues to gain traction in the market and is appreciated by financial sponsors throughout the value chain as a result of its 'pragmatic, hands on and solutions-oriented service'. Appreciated for his 'profound legal knowledge paired with friendliness and a great sense of humour', Cedric Bless is popular among clients, including Bridgepoint, which he regularly advises on the Luxembourg law aspects of its sales and acquisitions. The 'very responsive and client-oriented' Nicolas Marchand co-heads the team alongside Bless.

Practice head(s):

Cédric Bless; Nicolas Marchand


Other key lawyers:

Imède El Moudden; Benoît Charpentier


Testimonials

‘The team makes you (the client) feel perfectly accompanied during the day to day of your business, with the peace of mind that comes from being surrounded by a team of great professionals.’

‘It is a highly competent and responsive team.’

They display a very pragmatic, hands-on and solutions-oriented approach.’

‘They take the time to understand what you are trying to accomplish and offer solutions to meet those objectives instead of just stating what the law is.’

‘Cedric Bless has impressive legal knowledge and also the capacity to understand a complex business such as ours.’

‘Cedric Bless is an exceptional colleague a joy to work with. He has an extraordinary degree of professionalism and profound legal knowledge paired with friendliness and a great sense of humour.’

‘Nicolas Marchand is very responsive and client oriented, always looking to offer the best value for money services.’

Key clients

Pictet Alternative Advisors (Europe)


Gates


Atilus


MNK Partners


Apax


Eni


London Metric Property Plc


ICAMAP


Oxenwood


Peakside


Ridgemont Equity Partners


Xerys


Roark Capital


Bridgepoint


Aimco


Colony


ARB


Work highlights


BSP

Although it lacks the resources of some of its peers, independent firm BSP has built up a strong track record in the market as a result of its partner-led approach to work for some large private equity sponsors on the Luxembourg corporate structuring associated with their cross-border M&A mandates. Emblematic of this is team head Linda Harroch's longstanding relationship with Advent International.

Practice head(s):

Linda Harroch


Other key lawyers:

Christele Pierre-Alexandre; Jean Steffen; Michael Kitai; Axel Voisard


Key clients

Goldman Sachs


Global Infrastructure Partners


Advent International


Biotoscana Investments SA (listed company)


GBL (Groupe Bruxelles Lambert)


Work highlights


CMS

Often working closely with its tax practice and also able to leverage expertise across the firm's international network, CMS' 'very integrated' offering provides a cohesive service to private equity sponsors across the panoply of investment strategies including M&A (share and asset deals), exits, strategic partnerships and joint ventures. Team head Gérard Maîtrejean is recommended.

Practice head(s):

Gérard Maitrejean


Testimonials

It is a very experienced and integrated team that is highly focused on achieving the results in time.’

Work highlights


Dechert Luxembourg

Private equity work, both on the fund structuring and transactional front, form a vital part of Dechert Luxembourg's Luxembourg office, which provides 'a very human and friendly approach to solving problems'. Clients, which in include buyout firms, venture capital firms and increasingly in the private credit space, also benefit from an integrated approach enabling access to key lawyers based in other fund hubs across Europe, including London and Frankfurt. Patrick Goebel is 'very clear and precise in his explanations', in relation to fund formation matters and co-heads the team alongside Jean-Louis Frognet, who spearheads the transactional work in the sector.

Practice head(s):

Patrick Goebel; Jean-Louis Frognet


Other key lawyers:

Mark Seimetz; Laura Rossi; Arne Bolch; Christine Renner


Testimonials

‘The people with whom we work make themself always available and there is good internal collaboration between Luxembourg and London offices.’

They have significant experience in the private equity sector and have a very human and friendly approach to solving problems.’

Patrick Goebel is very clear and precise in his explanations.’

Key clients

Stepstone Group LLP and Swiss Capital (subsidiary of StepStone Group)


MTIP AG


Forty51 Advisors AG


ArchiMed


Columna Capital


Work highlights


  • Advising the StepStone Group and its affiliates since 2013 and are as of 2022 advising all business lines in Luxembourg, private debt in together with several other offices and are the global SFDR counsel.
  • Advised Forty51 Advisors AG on the establishment of its first venture capital fund in life sciences under the form of Risk Capital RAIF structured as special limited partnership.
  • In 2021, advised on several acquisitions where DHG released equity in several European companies in healthcare industry. In this context, the firm provided advice relating to the capital restructuring of Luxembourg holding companies which played a key role in these acquisitions, and corporate financing arrangements in connection therewith.

LexField

The 'dynamic and responsive' team at independent business law firm LexField has a 'fantastic depth of knowledge' in the private equity space and is seen as a viable alternative to some of the larger more established players in the market. Appreciated by clients, which include buyout funds, venture capital firms and sovereign funds, for its 'reliable, constructive and deal driven' advice, the team is able to provide an integrated corporate, finance, tax and structuring offering through a funds life cycle. Aldric Grosjean 'stands out for his cross-border knowledge and responsiveness', which he deploys to good effect on private equity-related M&A transactions.

Practice head(s):

Aldric Grosjean; Pierre-Yves Magerotte


Other key lawyers:

Adrian Dobbyn


Testimonials

Very hands on involvement from the principals in the business, whilst also having a very capable team working with them.’

‘Reliable, constructive and deal driven.’

‘The team is dynamic and responsive and has a fantastic depth of knowledge.’

Aldric Grosjean is very hands on and always involved.’

‘Aldric Grosjean stands out for his cross-border knowledge and responsiveness.’

Aldric Grosjean is our “go-to” lawyer for any private equity and corporate matters. He is unique among Luxembourg lawyers as he both has phenomenal knowledge/experience and can explain matters in a clear and understandable way.’

‘Adrian Dobbyn is very capable, highly organised and responsive.’

Key clients

Citius Fund I, SCSP


Aldgate Developments


Argos Wityu


Babilou


Helios Investment Partners


Korea Asset Investment Management


KSL Capital Partners


Meeschaert Capital Partners


Sun Capital Partners


Blue Pearl Energy


Reply Spa


Work highlights


  • Advised GB Foods Africa HoldCo B.V. on the distribution of the sale proceeds, unwinding the stake of its co-investor and the corresponding security arrangements and arranging for the liquidation of the Luxembourg entities post the implementation of the distribution proceeds
  • Advised Citius Group with the set-up of its first Luxembourg-based PE/VC investment fund, established under the legal form of a special limited partnership.
  • Assisted Blue Pearl Energy on its investments advising on three acquisitions through a chain of companies sitting in the Grand Duchy of Luxembourg of companies located in France.

NautaDutilh

With a strong corporate offering, which is led by Margaretha Wilkenhuysen   and also able to draw upon finance, tax and investment fund expertise, the 'incredibly reactive and supportive' team at NautaDutilh is well-positioned to provide a versatile service directly to financial sponsors, as well as in the context of law firm referral work. The 'outstanding' Caroline Notté is one of the principal practitioners for handling private equity-led M&A work and has strong relationships with key clients, Partners Group and Mid Europa Partners. Although he does handle new money mandates, the 'bright and articulate' Romain Sabatier is particularly well-regarded for distressed M&A and restructuring mandates. The firm is also able to provide a one-stop-shop service on Benelux mandates.

Practice head(s):

Margaretha Wilkenhuysen


Other key lawyers:

Jean-Marc Groelly; Romain Sabatier; Geraldine Leonard; Caroline Notte; Aline Nassoy; Audrey Derep; David Al Mari; Messaouda Benbouzid


Testimonials

The team is incredibly reactive and supportive on short notice or otherwise.’

Romain Sabatier is an outstanding practitioner, who is calm and collected.’

‘Romain Sabatier is bright, articulate and focused on results.’

Caroline Notte is outstanding.’

David Al Mari is bright and capable.’

Key clients

Accelero Capital


Alchemy Partners


Apex Group


KBC securities


8VC


Levine Leichtman Capital Partners


Mid Europa Partners


Oaktree Capital


Partners Group


Thomas H. Lee Partners, L.P. (THL)


TPG


Work highlights


  • Advised Partners Group on the acquisition of Pharmathen.
  • Advised Basecamp on the sale of its portfolio to Xior.
  • Advised Circular Resources on the acquisition of Duales System Holding.

Stibbe

Stibbe delivers an ‘excellent service and pragmatic solutions’ to a number of well-known financial sponsors, including KKR, Carlyle and Investindustrial, on the Luxembourg structuring aspects associated with their acquisitions and disposals. Team head Gérald Origer takes the lead on many of the private equity-led M&A mandates, while finance, funds and tax practitioners are also vital components of the firm’s overall strength in the sector.

Practice head(s):

Gérald Origer


Other key lawyers:

Bernard Beerens; Claire-Marie Darnand; Frédéric Pilorget; Tom Storck; François Bernard; Jeannette Vaude-Perrin


Testimonials

The team provides an excellent service and pragmatic solutions.’

Work highlights


  • Advised Investindustrial ETC on its private equity transactions including daily corporate law matters, one being Polynt Reichhold, involving a well-known chemicals brand, one of the biggest exits in 2021 in Europe showing our continuous involvement in assisting key players in the PE industry.
  • Advised Clariant AG with the rollover of sale consideration in a newly formed pigments group.
  • Advised KKR as to Luxembourg corporate law aspects related to the sale of 25.1% of Hensoldt, a leading German defence electronics company to Leonardo, Milan-listed aerospace and defence group.

Baker McKenzie

With two partners who have a significant focus on M&A for private equity and venture capital firms, as well as being able to call upon tax structuring expertise and lawyers spread across the firm's vast global network, Baker McKenzie continues to pick up market share from clients which are appreciative of its 'in-depth market insight', and ability to provide a one-stop-shop service on international transactions. Jean-François Findling and Elodie Duchêne are the two main contacts for private equity transactional work.

Practice head(s):

Jean-François Findling (Corporate/ M&A); Elodie Duchêne (Corporate/ M&A); Diogo Duarte de Oliveira (Tax); Amar Hamouche (Tax)


Other key lawyers:

Jean-Philippe Smeets


Testimonials

‘It is a very reactive team and is responsive to client requests.’

‘The team at Baker McKenzie is very attentive, has in-depth market insight and displays a very high level of technical skills and attention to detail.’ 

‘Jean-François Findling is very responsive to any request for transactional assistance or other smaller matters which is a key asset to have since most of transaction have short timelines where a quick turnaround is essential.’

Key clients

TRG Management UK LLP


Great Hill Partners


GHO Capital Partners LLP


Audax Private Equity


Intermediate Capital Group (ICG)


Work highlights


Bonn & Schmitt

Despite being weakened by the departure in November 2022 of the firm's primary private equity M&A expert, Frédéric Lemoine to Loyens & Loeff, Bonn & Schmitt is still able to call upon the resources of a number of senior practitioners, including senior counsel Chantal Keereman  and Cedric Bellwald who are well-versed in structuring private equity transactions utilising a Luxembourg investment holding platform.

Practice head(s):

Chantal Keereman; Cédric Bellwald


Other key lawyers:

Anne Selbert


Key clients

EQT


Capvis


Azelis


Work highlights


  • Advised SUSE SA in the acquisition of NeuVector Inc
     
  • Advised EQT in the acquisition by IVC Evidencia of Vet Strategy Canada.
  • Advised Azelis Group in the IPO and the subsequent restructuring.

DLA Piper Luxembourg

Private equity M&A is a core area of focus for DLA Piper Luxembourg's Luxembourg office and since its establishment in 2014 it has gained steady traction among funds, often as an important facet of a multi-office teams to provide the Luxembourg structuring on cross-border mandates, particularly as it relates to transactions focusing on assets in the technology, real estate and financial services sectors. In addition, the firm is well-versed at advising on the fund structuring, an area that team head Catherine Pogorzelski is particularly accomplished.

Practice head(s):

Catherine Pogorzelski


Other key lawyers:

Xavier Guzman; Jacques Wantz; Caroline Pimpaud; Luis Munoz; Melody Brunot; Céline Pignon; Gersende Masfayon; Guillaume Schaefer; Jordan Reinert


Key clients

Energy Infrastructure Partner


Symphony Technology Group


Prime Capital AG


Prologis


Axa RE Investment Managers


The Carlyle Group


MiddleGame Ventures


Adam Street partners


Generali Investments Luxembourg


Work highlights


  • Advising a leading investor in relation to energy transition, Energy Infrastructure Partners, in the acquisition from Boralex Inc., an early mover in the global renewable energy industry, of a 30% stake in Boralex French renewables platform, with more than one gigawatt of generation capacity.
  • Advising a Palo Alto-based private equity firm Symphony Technology Group (STG), which specialises in investments in the software, data analytics and software-based technology services sectors, on its acquisition of Kantar Reputation Intelligence, PRgloo, Onclusive and Digimind to create a new global media monitoring, measurement, and workflow management partner for PR and communications.

KLEYR GRASSO

Although lacking connections with large buyout firms, KLEYR GRASSO has gained significant traction in the growth private equity market, including advising core client TA Associates on its acquisitions and disposals. Delphine Tempé  and Renata Jokubauskaite are ‘dedicated to their clients’, and regularly collaborate on work for TA Associates. Luc Courtois was a new arrival in January 2023. Jean-Philippe Drescher left the firm.

Practice head(s):

Delphine Tempe; Jean-Paul Spang; Renata Jokubauskaite; Luc Courtois


Other key lawyers:

Jérôme Burel


Testimonials

Their knowledge and experience of the private equity world in Luxembourg is a major contributing factor to our success as a business.’

‘It is an enthusiastic team.’

Jerome Burel is our key contact at the firm. He has worked directly on our structures from the beginning. There isn’t anything he does not know and this really adds to the success of business. He is an absolute integral part of our setup.’

‘Delphine Tempe and Renata Jokubausaite work closely together and are dedicated to their clients.’

Key clients

TA Associates


IK Investment Partners


Work highlights


PwC Legal Luxembourg

Despite being weakened considerably by the departure in October 2021 of Saskia Myners  to Clifford Chance, PwC Legal Luxembourg still handles a not inconsiderable amount of transactional work in the space, primarily in the real estate sector. As part of her overarching corporate expertise, team head Catherine Baflast  handles some private equity-related work.

Practice head(s):

Catherine Baflast; Jean Yves Lhommel


Other key lawyers:

Marc Albasser; Soledad Pascual


Work highlights