Watson, Farley & Williams has advised Leobersdorfer Maschinenfabrik GmbH & Co. KG (“LMF”), a portfolio company of private equity company Equita GmbH & Co. Holding KGaA (“EQUITA”), on a new financing agreement with pan-European private capital fund manager Metric Capital Partners (“Metric”).

The financing by Metric is expected to support further international growth to reinforce LMF’s positioning as a global provider of premium compressor systems.

Headquartered in Leobersdorf, Austria, LMF is a leading manufacturer of made-to-order high-pressure piston compressors for natural gases, process gases and air. LMF’s compression solutions are provided for a range of niche applications in the oil and gas industry. A leader in technology and innovation, LMF enjoys strong relationships with a diversified global customer base.

EQUITA is an independent private equity company unaffiliated to banks, acquiring majority stakes in medium-sized companies in the German-speaking markets.

WFW advised EQUITA and LMF on the facility and related documentation.

The WFW team was led by partner Dr. Stefan Kilgus (Project & Structured Finance, Hamburg). He was supported by partner Dr. Simon Preisenberger (Corporate, Munich) and associates Alexander Wojtek and Marcus Mützelburg (both Project & Structured Finance, Hamburg).

Dr. Stefan Kilgus, partner at WFW in Hamburg, said: “We are delighted to have advised LMF on this important finance transaction.”