Orrick Advises Monitor Clipper Partners on Sale of Reverse Logistics GmbH to Reconomy


January.05.2021

Deutsch: Orrick berät Monitor Clipper Partners bei Verkauf der Reverse Logistics GmbH an Reconomy

We advised Monitor Clipper Partners on the sale of Munich-based Reverse Logistics GmbH (RLG) to UK-based Reconomy Group.

Based in Boston with offices in Zurich, Switzerland and Luxembourg, Monitor Clipper Partners is a private equity firm focused on helping founders of profitable, middle-market companies further develop and maximize the value of their businesses.

Reverse Logistics Group is a leading provider of end-to-end solutions for returns management and environmental compliance to businesses in over 80 countries worldwide with a forecasted 2020 turnover of more than €170 million.

Headquarter in Telford, Reconomy Group is the UK’s leading provider of outsourced resource management and environmental services. In 2019, the group’s total turnover exceeded £330 million.

Monitor Clipper Partners was advised by an Orrick team led by Munich-based M&A and private equity partner Thomas Schmid, who regularly advises on complex international transactions.

The team also included partners Stefan Schultes-Schnitzlein (tax, Düsseldorf), Christine Kaniak (finance, Munich), Christian Schröder (data privacy IT/IP, Düsseldorf), Timo Holzborn (capital markets, Munich), and Lars Mesenbrink (antitrust and investment law, Düsseldorf); counsel Olexiy Oleshchuk (capital markets, Munich); senior associates Adrian Dengler and Christina Lorenz (both M&A and private equity, Munich); managing associate Verena Schwarz (M&A and private equity, Munich); and associates Viktor Philip Kolberg (M&A and private equity, Munich), Dennis Schmidt and Robert Weinhold (both data privacy IT/IP, Düsseldorf), Carsten Engelings (tax, Düsseldorf), and Julius Schradin (antitrust and investment law, Düsseldorf).