Ashurst advised private equity firm Capvis on the financing of the acquisition of a majority stake in Wer liefert Was GmbH (WLW).
The leading B2B online marketplace was sold by majority shareholder Paragon Partners as well as by Nordic Mezzanine Fund III and the company's management.
The Ashurst team was led by partner Dr Bernd Egbers and counsel Christiane Bestgen. They were assisted by transaction manager Susanne Kasnitz (all finance, Munich).
Ashurst regularly advises Capvis on acquisition financings, recently in relation to the acquisition of polyurethane specialist Hennecke from Adcuram. Capvis is the leading private equity firm in Switzerland and a top player in German-speaking Europe.
WLW is the leading B2B online marketplace in the German speaking region and operates supplier search engines in Germany, Austria and Switzerland. The company is headquartered in Hamburg and has a workforce of 200 employees.