Transactions

aeris CAPITAL, Burda subsidiary DLD Ventures and Mizuho Capital invested in Glam Media (financing volume: $50 m).
P+P Munich partner Michael Inhester advised Burda/DLD Ventures, supported by associate Philipp Diers. EQT V (82%) and GIC (18%) acquired Springer Science+Business Media.
P+P Munich partner Benedikt Hohaus and associate Barbara Koch-Schulte advised the management regarding structuring and implementation of management participation. Heliatek GmbH completed a series B financing round (volume: €18m.).
P+P Munich partner Michael Inhester advised Heliatek, supported by associate Christian Tönies. SponsorPay GmbH conducted a financing round in the form of a convertible loan.
P+P Munich associate Christian Tönies advised SponsorPay GmbH. MusicNetworx AG acquired Simfy GmbH.
P+P Munich partner Michael Inhester advised MusicNetworx AG, supported by associate Philipp Diers. Brockhaus Private Equity acquired a minority stake in 360 Treasury Systems AG.
P+P partners Philipp von Braunschweig (corporate, lead), Patricia Volhard (bank regulatory issues) and Margot von Westerholt (IP) advised Brockhaus. DZ Equity Partner and other investors acquired DMA3 Business from BASF AG.
P+P Munich partners Otto Haberstock (lead, M&A) and Alexander Pupeter (tax) advised DZ Equity Partner, supported by associate Christian Rodorff. Hematris Wound Care GmbH successfully completed a financing round.
P+P Munich partner Otto Haberstock advised Hematris, supported by associate Christian Rodorff. Earlybird Venture Capital invested in nfon AG.
P+P Munich partner Michael Inhester advised Earlybird, supported by associates Christian Tönies and Philipp Diers. Solarlite GmbH successfully completed a series B financing round.
P+P Munich associates Christian Tönies and Marco Eickmann advised Solarlite. capiton AG issued the capiton IV fund. With a volume of €350m, it is expected to be the largest PE fund raised in Germany in 2009.
P+P Berlin partner Amos Veith (lead, corporate, tax) advised capiton, supported by associate Philipp Schwarz van Berk. T-Venture and Neuhaus Partners invested in wwg worldwidegames GmbH.
P+P associate Christian Tönies advised wwg. Earlybird Venture invested in Scoreloop AG.
P+P Munich partner Michael Inhester and associate Philipp Diers advised Earlybird. Brockhaus Private Equity acquired Resorba group.
P+P Munich Partner Philipp von Braunschweig (M&A) and Alexander Pupeter (tax) advised Brockhaus Private Equity (BPE), supported by Thilo Oldiges (M&A). Mateco group acquired Kühne Arbeitsbühne Vermittlung (Kassel, Göttingen).
P+P attorney Ralf Bergjan advised mateco. Mateco group acquired Zülz Arbeitsbühnen (Ravensburg, Kempten).
P+P attorney Ralf Bergjan advised mateco. Affiliates of the Harald Quandt group entered into a joint venture with, and made an equity investment alongside a group of investors from the US, UK and Saudi Arabia in, a private wealth management platform consisting of Novaar Ltd., Dubai, U.A.E., and Novaar Capital Management SPC (Cayman Islands).
P+P Frankfurt partners Andreas Junius (Co-lead, structuring, corporate), Andreas Rodin and Patricia Volhard (regulatory) advised Harald Quandt, supported by Thilo Oldiges. Premium Communications Group, controlled by Barclays Private Equity (BPE) with a majority participation, acquired callcenter provider ADM.
Munich partners Andrea von Drygalski (lead, corporate) and Michael Best (tax) advised BPE/Premium Communication Group, supported by Ralf Bergjan, Steffen Ernemann (corporate) and Frank Bayer and Nico Fischer (tax). Commerzbank Real acquired retail real estate property ‚Die Mitte’ from Hines Group subsidiary Alexanderplatz D4 Erste Verwaltungsgesellschaft. This transaction is among the largest real estate deals of the year.
P+P Berlin partners Matthias Durst (lead), Stefan Lebek and Carsten Führling advised the Hines Group, supported by Kim Delphine Weber and Raphael Söhlke (all real estate law). Barclays Private Equity has reinvested in Neumayer Tekfor.
Andrea von Drygalski (lead, corporate), Thomas Töben, Michael Best (both tax), Andres Schollmeier (financing), Benedikt Hohaus (management participation) advised Barclays and were supported by associates Ralf Bergjan, Jörg Maitzen, Steffen Ernemann (all corporate), Allit Lohbeck (tax), Benjamin Waitz (financing) and Christoph Weber (management participation). Golden Gate Capital acquired Wireline Communicaions (WLC) from Infineon Technologies AG.
Munich partner Benedikt Hohaus advised the management, in particular the future CEO of the prospective independent unit, Christian Wolff. Following the credit downgrade of AIG, AWG Abfallwirtschaftsgesellschaft Wuppertal GmbH needed to replace or enhance equity collateral granted to Key Bank, N.A. in the context of a 2002 cross-border lease financing of garbage incineration facilities (trash-to-cash). The parties agreed on the posting of stand-by letters of credit by KfW in favor of Key Bank. The refinancing was valued at US$ 56 MM.
Key Bank was advised by P+P Frankfurt partners Andreas Junius (lead) and Wolfgang Tischbirek (tax), supported by Thilo Oldiges. HeidelbergCapital invested via HeidelbergCapital Private Equity Fund I in vasophorm GmbH.
Munich partner Michael Inhester advised HeidelbergCapital. Nord-West-Zeitung invested in Beko Käuferportal GmbH.
P+P associate Christian Tönies advised Beko. Earlybird Venture Capital invested in Musicnetworx AG.
P+P Munich partner Michael Inhester advised Earlybird, supported by associate Marco Eickmann. Inventages invested in Xolution GmbH.
P+P Munich partner Michael Inhester advised Inventages. MoreTV GmbH completed a financing round.
P+P Munich partner Philipp von Braunschweig advised MoreTV, supported by Thilo Oldiges. Stargate Automotive GmbH acquired Gehring Technologies.
Munich partner Philipp von Braunschweig (lead, structuring, corporate) and Alexander Pupeter (tax, structuring) advised Stargate. Deutsche KWK-Gesellschaft mbh (formerly SEVA Holding GmbH) acquired 100% of the Pro2 Group.
Munich partner Otto Haberstock (lead), and associates Franca Detert and Steffen Ernemann advised Deutsche KWK. International Petroleum Investment Company (IPIC) acquired MAN Ferrostaal AG.
P+P partner Benedikt Hohaus (lead), Barbara Koch-Schulte and Christoph Weber (all Munich) advised the management of MAN Ferrostaal. Wellington Partners invested in Aloqa GmbH.
P+P partner Michael Inhester advised Wellington. Nanda Technologies GmbH successfully completed a third round of financing.
Munich partner Michael Inhester advised Nanda. worldwidegames completed a series B financing round.
Munich attorney Christian Tönies advised wordlwidegames. Venture capital investor Hasso Plattner closed a second round of financing with OpenSynergy.
Munich associate Christian Tönies advised Hasso Plattner Venture VoIPFuture Ltd. completed a third financing round with Hasso Plattner Ventures.
Associate Christian Tönies advised Hasso Plattner Ventures Wellington Partners, Endeavour Vision und Seventure extended their investment in Retailo AG (Venture Capital).
P+P partner Michael Inhester advised Wellington. sprg.net AG (formerly spreadshirt) completed a financing round with Kennet Partners and investor Accel.
Munich attorneys Christian Tönies and Marco Eickmann advised sprdn.net AG Hasso Plattner Ventures invested in online provider Feedzilla.
Attorney Christian Tönies advised Hasso Plattner Ventures. Copro Concept Immobilien Projektentwicklung GmbH acquired an office building in Berlin.
Berlin partner Matthias Durst advised Copro. OFB Projektentwicklung GmbH sold a shopping center in Berlin.
Berlin partner Matthias Durst and Raphael Söhlke advised OFB. Earlybird Venture Capital invested in Munich nfon AG, provider of web-based telecommunication solutions in Munich.
P+P partner Michael Inhester advised Earlybird. Wacker Construction Equipment AG transformed from a German publicly listed stock corporation into the legal form of an European company (SE).
P+P Munich partner Matthias Bruse advised Wacker, supported by Lars Schmidt.