Hauptmieter des Q4 2022 fertiggestellten Gesundheits- und Dienstleistungszentrums mit einer Mietfläche von rd. 11.000 m² sind u.a. die Caritas, diverse Arztpraxen, REWE sowie für den Betrieb der Tiefgarage GOLDBECK.
Vesthaus advised an AIF of the Bayerische Versorgungskammer (BVK) managed by Universal-Investment on the acquisition of the former telephone exchange facility in Hamburg-Rotherbaum. The listed property with 65,000 sqm GFA is currently revitalized. It is is leased to the City of Hamburg for 30 years and will be used for university purposes after completion. The transaction was managed by the investment manager Values Real Estate. Values will take over the asset management in the future.
Vesthaus advised Captiva on the acquisition of two psychosomatic clinics in the Spreewald and Lake Constance regions for the fund "Captiva Gesundheitsimmobilien Deutschland 2" managed by IntReal. The newly refurbished private clinics acquired in the sale & leaseback transaction are leased to the Vincera group.
Vesthaus advised a group of former founders of German SME startup bank Penta in the takeover of the company by French competitor and Qonto in a combined cash and equity deal.
Qonto is the market leader in France for digital financial management for small and medium-sized enterprises, self-employed and freelancers, and is active throughout Europe. In January 2022, Qonto had raised Series D funding at a € 3.9 billion valuation from inter alia Tencent, Tiger Global, KKR and Valar Ventures.
Penta is the market leader in this segment in Germany and employs 200 people. Together the two startups have 300,000 customers and 900 employees.
We advised an alterantive investment fund (AIF) of Bayerische Versorgungskammer managed by Universal-Investment as AIFM on the acquisition of two office buildings located at Hanauer Landstrasse 121-123 in Frankfurt's trendy Ostend district. The forward deal has a volume of €165 million. Luwin Real Estate acted as investment manager in the transaction and will also take over the asset management of the properties.
Vesthaus advised Companion Unternehmenskapital on the acquisition of SKS Sondermaschinen- und Fördertechnikvertriebs- GmbH. The acquisition occurred by way of a succession solution for the previous owner.
Companion invests in small and medium-sized companies in the DACH region. Through its participation and active support, Companion makes companies economically stronger, ecologically more responsible and socially more active. This generates sustainable value for customers, employees and investors.
SKS Sondermaschinen- und Fördertechnikvertriebs- GmbH develops individual plant components for the special requirements of a wide range of industrial sectors. From the design of patented special machines and installation at the customer's site to commissioning and maintenance, the company fulfills all aspects of a smooth production process.
Mercedes-Benz Minibus GmbH, headquartered in Dortmund, is a subsidiary of EvoBus GmbH. The plant has been producing the complete minibus portfolio of more than 20,000 minibuses in total since 2008, and the new Sprinter generation since 2019. AEQUITA is taking over the minibus company with its approximately 240 employees, thereby securing the Dortmund site. The transaction will be completed on 1 January 2022. In the future, Daimler Buses will concentrate on its core business and thus on the production of complete buses and chassis over 8 tons. There will continue to be a close partnership between Daimler Buses and AEQUITA in the areas of sales and aftersales.
AEQUITA is a Munich-based industrial group that invests in special situations such as corporate spin-offs, succession and restructuring situations in Europe. Based on a solid capital base, entrepreneurial expertise and experience as well as a lived partnership approach, the focus is on the acquisition and long-term value development of companies that can benefit from AEQUITA's operational commitment. To achieve sustainable growth, AEQUITA brings a fresh view and profound know-how to all areas of the business, such as revenue development, production optimization and efficiency improvement measures. AEQUITA contributes not only capital, but more importantly the vision, inspiration and drive to reach the next level of development and success story of their businesses.
Vesthaus advises Montagu Private Equity GmbH on a lease for its new German headquarter. The headquarter is in a first-class office building, which was awarded for sustainability, located at the pulsating heart of Frankfurt am Main.
Constructed in 1997, the real asset "Arnulfbogen" comprises approx. 25.500 m² leasing area and 266 underground parking spaces. The iconic building is leased to well-known tenants, among them Deutsche Bahn. The purchaser is an AIF of Bayerische Versorgungskammer which is administrated by Universal-Investment. Vesthaus advised on regulatory matters and acted as deal counsel.
Since 1991, GTR Gummitechnik has been built up to become a specialist for window and facade applications with outstanding technological know-how. The spectrum ranges from the production of corner-vulcanized sealing parts by injection molding to the film vulcanization of the most demanding sealing systems.
The Meteor Group is a leading global manufacturer of elastomer seals. This transaction strengthens Meteor's window and facade construction business.
Vesthaus can thus further expand its healthcare industry expertise. Transaction advise is an important aspect in the context of practice transfers for both doctors and investors. The combination of M&A know-how and industry expertise is of particular importance.
With Vesthaus, a Freshfields spin off has successfully entered the market.
Vesthaus is a business and transaction law firm with a focus on corporate / M&A, real estate, finance, venture capital and innovation. Its core clients include well-known institutional, strategic and private investors, as well as companies, project developers, medium-sized companies and founders.
The focus of the firm's corporate practice on M&A transactions. This includes sale and bidding procedures, as well as complex, structured processes involving cross-border players in various - also regulated - sectors. In addition to transactions, Vesthaus provides ongoing advice on restructurings, corporate actions and similar matters. In doing so, the lawyers can also draw on their own experience as entrepreneurs in their own (LegalTech) start-ups, functions in family offices and company builders.
In Real Estate, Vesthaus advises on real estate transactions and project developments as well as on tenancy, construction and architectural law. In particular, the partners have extensive expertise and market knowledge in special real estate (such as in the healthcare or retail sector) and in advising capital management companies. As deal counsel for German capital management companies, the Vesthaus partners have advised on real estate transactions worldwide.
In finance, Vesthaus offers end-to-end advice, i.e. comprehensive support in structuring financing, negotiating financing terms and drafting financing documents for lenders, financial investors as well as borrowers.
The guiding principle in all of this is also a particular focus on innovation. For example, Veshaus offers its clients its own tools for transaction processing. This is intended to make uniform buy-and-build scenarios in particular more efficient. The aim is also to deliver consulting products that can be fed directly into the client's internal organization.
In addition to the six partners, additional counsel, associates and transaction lawyers are expected to round out the team in the future. "At Vesthaus, we value people with expertise off the beaten path, with special experiences and entrepreneurial visions. Legally excellent and economically sustainable advice is our goal, which we pursue side by side. This requires different perspectives. Committed minds can also help shape their working world here and should become part of our idea - with flexibility, entrepreneurial spirit and openness to innovation," say the founding partners.
The six founding partners know each other very well from their time together at Freshfields in Hamburg and Frankfurt. Locally, they work in three offices in Hamburg, Berlin and Kiel. However, the guiding principle is location-independent teamwork, which has already proven its worth in the past lockdown months.
AutoCrib EMEA is a successful developer and distributor of innovative and intelligent output systems for inventory control and tool management throughout the EMEA region. Vesthaus advised the founder on the sale to the NYSE-listed Snap-on Group, a manufacturer and supplier of tools in the automotive and aerospace sectors.