De Brauw has advised Bain Capital Private Equity on its intended acquisition of all shares in Bugaboo.

Client name
Bain Capital Private Equity.

Other parties involved
Bugaboo, Founding shareholders.

Nature of transaction
Bain Capital Private Equity, a leading global private investment firm, has signed an agreement to acquire Bugaboo, a global and iconic mobility brand. Under this new ownership Bugaboo will enter the next phase in its growth strategy. The management team of Bugaboo, headquartered in Amsterdam, the Netherlands, will remain in place as well as Max Barenbrug, in his role as Chief Design Officer. The transaction remains subject to regulatory approval and works council advice.

Value of transaction
Undisclosed but more than EUR 5 million.

Date of deal
02 February 2018.

De Brauw involvement
Lead counsel.

Other advisors
PwC: Financial and tax advisor to Bain Capital Private Equity.
Rabobank: Corporate finance advisor to the shareholders, Kirkland & Ellis, DLA Piper, Stibbe, Loyens & Loeff, DeBreij.

De Brauw lead partner
Arne Grimme.

De Brauw team
Arne Grimme, Lennard Keijzer (lead partners), Henk van Ravenhorst, Denise Kromwijk, Roel de Jong and Marjolein Flipse.

Quote from De Brauw:
"We were very pleased to advise Bain Capital Private Equity as buyer in this transaction. It has been a complex matter with two shareholders breaking up. Bugaboo is an iconic company, with a beautiful product and excellent reputation. De Brauw knows Bain Capital Private Equity from earlier investments of Bain Capital Private Equity, such as IMCD and NXP. It has been a pleasure again assisting Bain Capital Private Equity as lead M&A counsel."