Kirkland & Ellis International LLP advised the European private equity partnership OpCapita on the acquisition of German discount clothing retailer NKD. The value of the transaction is confidential. With stores in Germany, Austria, Italy, Slovenia, Croatia and Poland, the NKD Group is one of the largest companies in the clothing retail market. The company has over 1,950 stores and more than 8,500 employees.
Kirkland's Munich-based team was led by corporate/private equity partners Erik Dahl and Dr. Christian Zuleger, and included tax partner Dr. Roderic Pagel, finance partner Dr. Markus Feil and London-based private funds partner Mark Mifsud, as well as corporate associates Dr. Bernhard Guthy and Dr. Philipp Mangini-Guidano in Munich, and Fatema Orjela, Mateja Maher and Thibault Reichelt in London.
About OpCapita
OpCapita, founded in 2006, are experts in operational improvement. The European private equity partnership transforms businesses in the retail, consumer and leisure industries. OpCapita looks for companies where it can deliver improvements in profitability and create long-term, sustainable value. Its team of in-house operating partners has a combined 120 years' of experience.