DPE DEUTSCHE PRIVATE EQUITY GMBH ("DPE") ANNOUNCED ITS SUCCESSFUL CLOSE OF DPE CONTINUATION FUND I. THE TRANSACTION REPRESENTS THE LARGEST GERMAN GP-LED SECONDARY IN HISTORY.
DPE Deutsche Private Equity GmbH ("DPE"), an independent German private equity firm and one of the largest growth investors in the DACH region, announced its successful close of DPE Continuation Fund I ("DPE CF I"), with a fund size of circa EUR 708 million.
DPE CF I is investing into DPE portfolio companies Eraneos Group ("Eraneos") and valantic Group ("valantic"), two leading European technology & digital transformation consultancies acquired by funds managed by DPE ("DPE Fund III") in 2017 and 2019, respectively. DPE CF I is going to provide additional capital and time to continue their highly successful growth strategies that have been implemented since DPE's initial investments in both companies.
The transaction represents the largest German GP-led secondary in history.
Deal value: fund size of c. EUR 708 million
Our Arendt experts involved:
- Corporate Law, Mergers & Acquisitions: Maria Grosbusch, Senior Associate and Alexander Olliges, Partner
- Tax Law: Vilho Lammi, Senior Associate, Jan Neugebauer, Partner, and Sascha Wiemann, Associate