Orrick Advises Germany's Algebra Investments in Acquisition of Austria's Weidinger Group

May.06.2015

Orrick's German Corporate team advised Algebra Investments, a private equity fund that specializes in mid-sized enterprise investments, in acquiring a majority stake in Austria’s Weidinger & Partner GmbH. Algebra is controlled by the listed Luxempart S.A. investment company. This is the company’s first investment in Austria.

Based in Vienna, Weidinger & Partner GmbH is the holding company of the Weidinger Group, which is the leading private education company for adolescent and adult training in Austria, with a particular focus on labor market projects such as vocational education and career guidance for apprentices and other skilled workers.

Algebra acquired Weidinger & Partner from private equity investor Lead Equities and the Child in Time Foundation, although the latter will continue to hold a stake in the Weidinger Group. Through the transaction, the current management of the Weidinger Group also increased its participation in Weidinger & Partner.

Orrick regularly advises Algebra on transactional matters and questions regarding funds structuring. Our team on this deal was led by Dr. Wilhelm Nolting-Hauff and Dr. Sven Greulich with Dr. Stefan Schultes-Schnitzlein.

Related Lawyers

Dr. Wilhelm Nolting-Hauff Partner, Mergers & Acquisitions, Private Equity

Düsseldorf

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D:+49 211 3678 7142
E: [email protected]

Practice:

Mergers & Acquisitions
Private Equity
China

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Dr. Wilhelm Nolting-Hauff Partner

Düsseldorf

Wilhelm advises global companies and investors on complex, often cross-border M&A transactions. A particular focus is on clients from the China region, advising them on their investments in Germany.

He is regularly recommended in leading legal publications, including JUVE and Handelsblatt/Best Lawyers, for his "precise negotiation and solution-oriented representation of clients' interests".

Wilhelm has been teaching at the University of Münster since 2003 in the Mergers & Acquisitions postgraduate course and regularly publishes papers on current topics in the areas of M&A, funds and private equity.

Dr. Sven Greulich, LL.M. (Cantuar), EMBA Partner, Mergers & Acquisitions, Technology Companies Group

Düsseldorf

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Practice:

Technology & Innovation Sector
Mergers & Acquisitions
Technology Companies Group

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Dr. Sven Greulich, LL.M. (Cantuar), EMBA Partner

Düsseldorf

Sven advises technology companies on complex cross-border mergers and acquisitions, and venture capital as well as growth investments, and provides general corporate counseling.

His clients include technology companies of all stages and their investors. Supported by a global and cross-practice team, he also counsels major corporations and scale-ups on international expansion and growth projects and has a special focus on in- and outbound German/US investments and joint ventures.

Sven is passionate about building a bridge for his clients from Germany to the US and other international technology hubs and to help them succeed in the international market. With a dual background in business and law, an entrepreneurial spirit, and experience in over 200 M&A transactions and financing rounds across many industries, Sven has a unique perspective, which inspires him to find the best strategic and commercially viable solution for his clients.

Sven volunteers with entrepreneur groups at the WHU Otto Beisheim School of Management and the RWTH Aachen and regularly lectures at the WHU and the RWTH incubation and innovation centers on venture capital financings, start-up growth and corporate venture capital.

Sven's work has been repeatedly awarded, inter alia

the leading German market publication JUVE ranks him as "frequently recommended for M&A, PE and corporate advice. Since 2019, JUVE ranks Sven as one of Germany's top 15 attorneys for venture capital (the highest recognition for this category awarded by JUVE);
Legal500 recommends Sven in its 2023 ranking for "mid-sized international Corporate M&A deals (€100m-€500m)" and venture capital and lists him as an exceptional practitioner for venture capital;
Chambers recommends Sven for M&A as well as venture capital and lists him as an exceptional practitioner (2023);
Best Lawyers and Handelsblatt recommend him as top lawyer for M&A transactions (2023); and
in the 2017 edition of its Innovative Lawyers Report Europe, the Financial Times named Sven's work to connect start-ups with Germany's Mittelstand (mid-sized companies) a standout “for making bridges between Silicon Valley and Germany”.

Dr. Stefan Schultes-Schnitzlein Partner, Tax, Corporate Tax

Düsseldorf

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D:+49 211 3678 7244
E: [email protected]

Practice:

Finance Sector
Tax
Corporate Tax
International Trade and Investment
Tax Advocacy
Private Wealth
International Tax

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Dr. Stefan Schultes-Schnitzlein Partner

Düsseldorf

He advises industry clients, private equity funds and financial institutions on all sorts of German tax and accounting issues. Stefan's focus lies on corporate transactions, financings and re-financings and restructurings as well as on tax field audits and tax litigation in connection with any of the former. He also advises individual persons on succession and related issues.

In the last five years, tax work for growth companies at all stages has become an ever-increasing part of his work. U.S. flips, management incentivization, financing rounds, exits and SPAC transactions are only some of the areas in which Stefan has been involved in the growth space.

Prior to his move to Orrick in the beginning of 2014, Stefan has been with international law firms for eight years.

Related Areas

Mergers & Acquisitions

Markets

Germany