Orrick advised independent mid-market private equity fund Findos Investor on the sale of its majority stake in auto parts retailer Rameder Group to FSN Capital.
Findos Investor is a Munich-based independent mid-market private equity fund backed exclusively by prestigious German family-owned companies as investors. It invests in medium-sized companies with a turnover of €25-200 million, growth potential, an established market position, and independent management.
Rameder Group is a Thuringia-based specialist in the sale of tow bars and electrical kits for passenger cars and transporters. With nearly 300,000 tow bars delivered to clients and an annual turnover of around €70 million, Rameder is by far the European market leader in retrofitting tow bars and electrical sets.
FSN Capital Partners is a Scandinavian private equity investor specializing in middle market, small and mid-cap buyouts, add on acquisitions, industry consolidation, growth capital, and mature transactions. FSN Capital has offices in Norway, Denmark, and Sweden, as well as a recently opened office in Germany.
Findos Investor was advised by a Düsseldorf-based Orrick team led by M&A and Private Equity partner Oliver Duys. Oliver regularly advises Findos Investor, including on the initial acquisition of Rameder and Rameder's following add-on acquisitions of French market leader France Attelage and Czech market leader ELSA GROUP.
The team also included partners Nikita Tkatchenko (M&A and Private Equity), Stefan Schultes-Schnitzlein (Tax), Till Steinvorth (Antitrust), and André Zimmermann (Employment), and associates Julia Schmitz (M&A and Private Equity) and Ben Beetz (M&A and Private Equity).