Orrick advised Luxempart and BIP Investment Partners in their joint acquisition of a majority stake in the international mobility service provider ARWE, as part of a management buyout from Triginta Capital and the management of ARWE Group.
With approximately 5,000 employees and offices in Germany, England, France, Spain, Austria and Belgium, ARWE Group is the European market and innovation leader for automotive services and car turnaround management for car rental companies, car manufacturers and dealers, as well as for corporate car sharing providers such as Audi, BMW, Daimler, Avis, Europcar, Hertz and Sixt.
Luxempart is an investment company listed on the Luxembourg stock exchange. It manages a portfolio of listed and non-listed companies mainly in Luxembourg, Germany, France, Belgium and Northern Italy. Luxempart’s investment strategy focuses on long-term investments, with no pre-determined exit. BIP is an independent financial holding company located in Luxembourg that invests in privately held middle-market companies with clear growth prospects, especially in Germany, the BeNeLux countries, France, Austria and Switzerland.
Luxempart and BIP were advised by an international Orrick team led by M&A and private equity partner Sven Greulich, as well as the Spanish firm BROSETA. In addition to Sven, the Orrick team included Shawn Atkinson (Technology Companies Group, London), Patrick Tardivy (M&A and Private Equity, Paris), Stefan Schultes-Schnitzlein (Tax, Düsseldorf), Till Steinvorth (Antitrust, Düsseldorf), André Zimmermann (Employment, Düsseldorf), Christian Schröder (IP/IT, Düsseldorf), Nikita Tkatchenko (M&A and Private Equity, Düsseldorf), Felix Schäfer (Real Estate, Düsseldorf), Anna Leitchenko (M&A and Private Equity, Paris), Soumaya Ouzzani (Employment, Paris), Katrina Murphy (Corporate, London), Joanna Brown (Real Estate, London), Jack Mead (Restructuring, London), Sophie Ratzke (IP/IT, Düsseldorf), Johannes Rüberg (M&A and Private Equity, Düsseldorf) and Louisa Kallhoff (Employment, Düsseldorf).