Cerha Hempel Spiegelfeld Hlawati advised TRUMPF Venture GmbH, a wholly-owned subsidiary of TRUMPF GmbH + Co KG (both based in Germany), in connection with the Series A round of financing for XARION Laser Acoustics GmbH (Austria).
Noerr has advised companies in the Allianz Group and a further European principal investor on their investment in the newly established “The Fizz Student Housing Fund S.C.S.” and the acquisition of the seed portfolio as well as the antitrust clearance by the EU Commission. The Noerr team acting on behalf of the principal investors was led by Düsseldorf partner Christoph Brenzinger.
Darrois Villey Maillot Brochier advised Abertis on the increase of its stake in Holding d’Infrastructures de Transports (HIT), a holding company controlling 100% of Sanef. Sanef is a French company that operates 2,063 km of motorways in Normandy and in North and Eastern France.
Abertis exercised its preferential right on the stake sold by Caisse des Dépôts et Consignations.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Qingdao Port International Co., Ltd. (‘Qingdao Port’) as COSCO SHIPPING Ports Limited (‘COSCO SHIPPING Ports’) acquires a stake in its PRC domestic shares, worth approximately US$840m.
Hill Dickinson’s corporate team has advised award-winning provider of internet and phone services, Origin Broadband, as it secured £3m investment from private equity fund manager and Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist Calculus Capital.
Hill Dickinson partner Craig Scott and legal director Richard McKay led on the deal.
Weil advised Providence Equity Partners in its strategic investment in Sziget Cultural Management, one of the largest festival organizers in the Central Eastern European region. Sziget’s current management will retain a significant equity stake in the company and will continue to lead management of the company and operations of all festivals in the portfolio – Sziget, Balaton Sound, Telekom VOLT festival, Gourmet Festival and Gyerek Sziget (Children’s Sziget).
Ambitious Business Set For International Expansion
Law firm Irwin Mitchell has advised Chesneys, a designer, manufacturer and retailer of luxury fireplaces and wood burning stoves, on growth capital investment from BGF (Business Growth Fund).
The investment will be used to roll-out additional retail showrooms, and to fund further expansion in international markets such as the US and China. A new BBQ and outdoor heating range will launch later this year.
Reed Smith comprehensively advised Michelin Travel Partner S.A.S, the subsidiary of tyre manufacturer Michelin, on its series C financing round into Berlin startup Campanda GmbH. Campanda offers an online booking site for Recreational Vehicles (motorhomes, caravans and campervans).
Michelin Travel Partner was the lead investor and previous backers joint the investment, including Accel, idinvest, Le Peigné, Ringier Digital Ventures, b-to-v Partners, and Atlantic Labs. The total investment amounted to EUR 17 million.
Clifford Chance has advised Rocket Internet on the successful closing of its Rocket Internet Capital Partners (RICP) fund at the hard cap of USD 1.0 billion. The fund invests in market-leading, high growth Internet related businesses. This makes it Europe's largest fund focused on the internet sector.
Clifford Chance advises Zurmont Madison on fund restructuring and launch of new ZM Opportunity II LP fund
Clifford Chance has advised Swiss private equity investor Zurmont Madison Private Equity on the restructuring of its ZM Private Equity LP fund and the launch of the new ZM Opportunity II LP fund. ZM Opportunity II LP is capitalized at CHF 100 million that includes follow-on capital to be deployed for the portfolio. The new fund holds participations in the Swiss companies Bauwerk Boen AG, CCS Group Holding AG, SMB Medical SA and SMB SA.