Ashurst once again advises on Capvis deal - finance investor acquires Amann Girrbach Group

The Munich based team of international law firm Ashurst advised Capvis Equity Fund V LP, managed by Capvis Equity Partners AG (together „Capvis“), on the financing of the acquisition of Amann Girrbach Group from its previous owner, private equity firm TA Associates. The Austria headquartered company is a full-service provider in digital dental prosthetics. Ashurst has already led Capvis to success several times within a year with teams around partner Dr. Bernd Egbers Capvis, most recently in October 2017 in relation to the financing of the acquisition of the Thermamax Group, a manufacturer of high-temperature insulation systems.

The financing was provided by a club of several banks (senior debt) and a debt fund (second lien debt).

The Ashurst team was led by partner Dr Bernd Egbers and counsel Christiane Bestgen, assisted by senior associate Isabell Pöller, associate Franziska Sauer and paralegal Ena Selimbegovic (all finance, Munich). Partner Dr Martin Bünning and associate Carina Park advised on tax law (both Frankfurt).

Ashurst has been advising Capvis for ten years. "In the bidding process, we benefited from this relationship of trust," says Bernd Egbers. "That really helped us get the funding up and running in no time."

Capvis is the leading private equity firm based in Switzerland and one of the leading companies in German-speaking Europe.