Private equity firm Seafort Advisors has acquired a majority shareholding in J&S GmbH Automotive Technology from the Brockhaus Private Equity III fund. Seafort Advisors was the successful bidder in an M&A process conducted by investment bank Rothschild. The purchase price was not disclosed. The transaction has already been completed.

A CMS team headed by lead partner and private equity lawyer Dr Tobias Schneider advised Seafort Advisors on all legal aspects of the transaction. CMS lawyers regularly provide Seafort and its portfolio companies with transactional support. Most recently, CMS successfully advised the PE firm on the sale of the AVEDO Group to Ströer in July 2017.

Seafort Advisors is a collaborative private equity firm which is headquartered in Hamburg. It invests in medium-sized and technology-oriented companies in Germany, Austria and Switzerland.

J&S GmbH Automotive Technology was established in 1990 and is a supplier of highly specialised technology to the automotive industry. Its customers include leading international manufacturers such as the Volkswagen Group, BMW, Porsche, Daimler, GM and Chrysler. In addition to its main plant in Wustermark, J&S Automotive operates a state-of-the-art painting and assembly facility in Neuruppin via subsidiaries and a site in Auburn, Alabama, USA.

CMS Germany

Dr Tobias Schneider, Lead Partner
Dr Jacob Siebert, Partner, Private Equity
Christina Lung
Christopher Köth, both Associates, all Private Equity
Dr Christian Haellmigk, Partner
Martin Cholewa, Senior Associate, both Merger Control
Dr Mark Seibold, Partner
Dr Andreas Grunert, Senior Associate, both Banking & Finance
Sebastian Sedlak, Senior Associate, Fund Structuring

CMS Luxembourg

Claude Feyereisen, Counsel, Fund Structuring