Renzenbrink & Partner advises the Maredo Group and the management on the sale of Maredo by ECM to Perusa and the refinancing
17. May 2017The previous owners of Maredo, the GEP III investment fund advised by ECM Capital and parts of the management, have sold all their shares to Perusa Partners Fund 2, L.P. At the same time, the Maredo Group was refinanced by Commerzbank AG. At the same time, the Maredo Group was refinanced by Commerzbank AG.
The Maredo restaurant chain was founded in 1973 and has developed into one of the leading steakhouse chains in Germany. Maredo currently employs around 1,500 people at 47 locations in Germany and Austria. The parent company of the group is Maredo Restaurant Holding GmbH, based in Düsseldorf.
The Maredo Group and the management were advised by Renzenbrink & Partner in connection with the transaction.
The Renzenbrink & Partner team consisted of partners Dr. Ulf Renzenbrink (M&A/Corporate) and Dr. Gunnar L. Schmüser (Finance).