FRANKFURT – McDermott Will & Emery advised private equity firm VR Equitypartner on the acquisition of a minority stake in a cosmetics company Dr Neuberger Group. Its founder, Dr Tobias Neuberger, remains its majority shareholder and managing director. The transaction is subject to approval by relevant antitrust authorities.
FRANKFURT—Covington advised Investcorp Technology Partners on its acquisition of Berlin-based Softgarden, a human resources software provider.
Global law firm Norton Rose Fulbright has advised leading Africa-focused private investment firm Helios Investment Partners (Helios) on its acquisition of a 76 per cent stake in TPAY Mobile FZ-LLC (TPAY) from A15, a tech investment fund based in Egypt.
TPAY is a fast growing direct carrier billing provider in the Middle East and North African region. The sellers, A15, and senior management will remain minority shareholders. Cavendish Corporate Finance advises the shareholders of TPAY.
Latham & Watkins LLP is pleased to announce that Elizabeth Prewitt has joined the firm as a partner in the Litigation & Trial Department and member of the Global Antitrust & Competition Practice. She focuses on international cartel and antitrust matters.
Arthur Cox is pleased to announce the appointment of Matt Dunn as a Partner and Head of the Project and Infrastructure Finance Group.
Matt joins Arthur Cox from Clifford Chance where he was a partner in the Finance Department. Matt has advised borrowers and lenders, including direct lending funds, on leveraged finance transactions, event-driven corporate financings, infrastructure / secured debt platform financings, emerging markets project financings, as well as the Loan Market Association on its suite of leveraged finance documentation.
Partner Owen Rees has been appointed to DWF's Catastrophic Injury Team where he will join the Practice Group board to lead organic growth within the business's Leeds office and nationally.
International legal business has appointed construction partner Chris Wheeler to its Dublin office where he will work with both the energy and commercial property teams to strengthen the business's construction offering in Ireland.
Hogan Lovells has advised long-standing financial institutions client Goldman Sachs on its entry into the UK market with the launch of its first UK retail savings bank.
Marcus by Goldman Sachs, named after co-founder Marcus Goldman, is an online-only digital bank aimed at the consumer market, a growing focus for Goldman Sachs.
DLA Piper has advised Clinigen Group plc, the global pharmaceutical and services company, on the acquisition of CSM, a specialist provider of packaging, labelling, warehousing and distribution services, for an initial consideration of $150 million. The firm has also advised Clinigen on the acquisition of iQone Healthcare Holding, a Swiss based speciality pharmaceutical business, for an initial consideration of €7.5 million (in each case on a cash free/debt free basis).
Willkie represented OpenGate Capital in the transaction.
Willkie’s Paris office advised OpenGate Capital on the contemplated sale of NAKAN, a global PVC compounding solutions business headquartered in France to Westlake Chemical Corporation (NYSE: WLK).