Renzenbrink & Partner supports the senior lender Permira Credit in the financing of the acquisition of valantic Group by DPE Continuation Fund I.<\/p>\n\n
DPE Deutsche Private Equity (“DPE”), one of the leading growth investors in the DACH region, has successfully placed its DPE Continuation Fund I (“DPE CF I”) with a fund volume of around EUR 708 million. The DPE CF I fund was launched to invest in valantic Group, a portfolio company managed by DPE with a strong performance. <\/p>\n\n
valantic is the number 1 for digital transformation and one of the fastest growing digital solution, consulting and software companies on the market. valantic combines technological expertise with industry knowledge and human competence. More than 500 blue-chip customers rely on valantic, including 32 of 40 DAX companies and many leading companies as well as international corporations. With more than 3,000 specialized solution consultants and developers and net sales of approximately EUR 400 million in 2022(e), valantic is represented in Germany, Austria, Switzerland, Belgium, the Netherlands, Portugal and many other international locations. <\/p>\n\n
The transaction is the largest German GP-led secondary in history.<\/p>\n\n
The Renzenbrink & Partner team, led by Dr. Bernd Egbers (Partner), consisted of Philipp Hogrefe (Senior Associate), Benedikt Ruck and Korbinian Zellner (Associates) (all Munich\/Finance) as well as Dr. Andreas Stoll<\/a> (Partner\/Corporate), Marc Kotyrba<\/a> (Partner\/Tax) and Dr. Toufic Schilling<\/a> (Senior Associate\/Tax) (all Hamburg).<\/p>\n\n Legal advisor to Permira Credit (Finance):<\/p>\n\n Legal advisor to DPE (Finance):<\/p>\n\n\n
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