Watson, Farley & Williams has advised the recently formed AURELIUS Mittelstandskapital, a subsidiary of investment company AURELIUS AG, on its first ever transaction, the acquisition of Berlin-based scaffold builder B+P Gerüstbau GmbH (“B+P”).

With B+P, AURELIUS Mittelstandskapital has acquired a market leader in the Berlin scaffold building industry. AURELIUS Mittelstandskapital will support B+P’s management in strategic and operational matters, with a particular focus on the continued growth and trans-regional expansion of the company. The acquisition is the first transaction for AURELIUS Mittelstandskapital.

WFW provided comprehensive advice on the financing of the transaction, issued by Berliner Sparkasse, and supported AURELIUS Mittelstandskapital’s in-house legal team, led by Dr. Michael Ruoff and Sebastian Wilhelm, on the acquisition. The transaction was completed in a six-week time frame, closing on 30 September.

AURELIUS Mittelstandskapital invests in expanding small and medium-sized businesses with sustainable profit margins and a good position in the German-speaking market. Their investment activities focus on succession management as well as the acquisition of non-core businesses of larger corporations.

The WFW team was led by partner Dr. Stefan Kilgus (Banking & Finance, Hamburg). He was supported by partner Dr. Simon Preisenberger (Corporate, Munich), as well as senior associates Dr. Wichard von Hoff (Banking & Finance, Hamburg), Dr. Silke Pütz (Corporate, Munich) and associate Dr. Paul-Vincent Hahn (Banking & Finance, Hamburg).

Dr. Stefan Kilgus comments: “We are delighted to have advised AURELIUS Mittelstandskapital on their first transaction, and continuing our German and London offices’ excellent relationship with the AURELIUS group.“