Frankfurt, May 19, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the GEP III Funds, a private equity funds managed by ECM Equity Capital Management GmbH (ECM), in relation to the sale of Germany’s leading steak house chain Maredo to a fund managed by Perusa GmbH. The parties have agreed not to disclose details of the transaction.

ECM is an independent private equity firm located in Frankfurt am Main. ECM is the manager and advisor to the German Equity Partners private equity funds. The investment strategy is to acquire equity interests in established and well-positioned mid-size companies in the DACH-region. The focus is on acquiring companies in the context of succession situations or spin-offs.

A Milbank team led by partner Michael Bernhardt comprehensively advised the GEP III Funds in relation to the sale.

Advisor to GEP III Funds: Milbank, Tweed, Hadley & McCloy LLP

Michael Bernhardt (lead), Sebastian Dexheimer, Thomas Tiedemann (all Corporate/M&A, Frankfurt), Thomas Ingenhoven, Katja Lehr (both Finance, Frankfurt), Patrick Droese (Corporate/M&A, Munich)