Funds advised by Triton and AVS management acquired AVS Verkehrssicherung GmbH, the leading highway traffic safety services provider in Germany, from funds advised by Steadfast Capital. The acquisition is subject to regulatory approval. Clifford Chance advised Triton on the transaction.

AVS Verkehrssicherung, headquartered in Kuerten, offers all essential services throughout highway traffic-safety projects. These services range from initial planning and obtaining permits to complete construction site setup and security. AVS has a nationwide presence with 14 locations across Germany and around 500 employees.

The Triton funds invest in companies headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors. The 33 companies currently in Triton's portfolio have combined sales of around EUR 14.7 billion and around 91,000 employees.

Clifford Chance once again assisted Triton on a major transaction. Most recently, the firm advised the financial investor on the sale of the automotive supplier Europart in May 2017.

The Clifford Chance team was led by partner Dr. Anselm Raddatz (Düsseldorf), coordinated by counsel Dr. Robert John (Frankfurt, both Corporate/Private Equity) and comprised associates Katharina Franitza (Düsseldorf), Liza Laube, Gerd Hegele and Daniel Gutmann (all Frankfurt) – all Corporate/Private Equity, partner Dr. Felix Mühlhäuser (Tax, Frankfurt), partner Marc Besen (Brussels/Düsseldorf) and counsel Dr. Dimitri Slobodenjuk (Düsseldorf, both Antitrust), senior associate Mira Wilcock (Public Law, Düsseldorf), counsel Dr. Alexander Cappel (Compliance, Frankfurt), associates Anne Voigt and Dominik Janson (both Real Estate, Frankfurt) as well as partner Dr. Claudia Milbradt and senior associate Dr. Florian Reiling (both IP, all Düsseldorf).