Milbank‘s ECM expertise spans the gamut of issuer and underwriter-side mandates, with the firm also assisting private equity sponsors with IPOs and dual-track exits, in addition to guiding listed clients through, post-listing equity deals and delistings. Philipp Klöckner, who heads the group, brings considerable experience in overseeing IPOs from the perspective of issuers, shareholders and banks, in addition to taking on SPAC and de-SPAC transactions. Karoline König, who joined the firm from Sullivan & Cromwell LLP in December 2024, is well versed in NYSE and NASDAQ IPOs, utilising her admission in New York.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘Technically very strong, with a commercial mindset. Always reliable and fast. Great to work with.’
  • ‘Philip Klöckner is an outstanding individual who always gets the job done.’
  • ‘The approach by Milbank, and especially the lead counsel Philipp Klöckner, is very practical, efficient and to the point.’
  • ‘Versatile and capable - will accommodate your needs at highest legal level.’
  • ‘Philipp Klöckner is the go-to person: great lawyer with sharp legal mind and an incredible array of experience.’
  • 'Highly professional and proactive, close to capital markets developments.'

Key clients

  • General Atlantic
  • Dylan Media
  • Carlyle
  • Goldman Sachs
  • BNP Paribas
  • Deutsche Bank
  • Berenberg
  • Morgan Stanley

Work highlights

Advised General Atlantic on all aspects of the Flix IPO, planned for summer 2024, on the regulated market of the Frankfurt Stock Exchange.
Advised General Atlantic on the structuring of a placement of shares in ATOSS Software by way of an accelerated bookbuild offering.
Advised Dylan Media on the strategic development and implementation of a planned management buy-out with a combination of planned delisting, takeover offer and repurchase offer of the CLIQ Digital AG.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Philipp Klöckner
Philipp Klöckner
Practice head

Philipp Klöckner

Other key lawyers

Karoline König; Nico Feuerstein