Goodwin has advised Commerzbank and LBBW as financing partners in relation to the acquisition of agn Niederberghaus & Partner GmbH ("AGN") by ADAGIA Partners together with Management.
With its two business segments – Corporate Clients and Private and Small-Business Customers –, Commerzbank, as a full-service bank, offers a comprehensive portfolio of financial services. It is the leading bank in the Corporate Clients Business in Germany and for the German Mittelstand and a strong partner for around 24,000 corporate client groups.
LBBW is a mid-sized universal bank with deep roots in Baden-Württemberg. LBBW is also present in a number of economic and financial hubs worldwide. With total assets of EUR 356 billion and around 10,000 employees, LBBW is one of the largest banks in Germany. Its core activities include business with corporate customers and business with private customers and savings banks.
Founded in 1952 with headquarters in Ibbenbüren, North-Rhine Westphalia, AGN delivers a comprehensive range of services including general planning, project management, and technical building equipment engineering over specific asset classes (schools, hospitals, special purpose buildings such as fire stations, etc). The company primarily serves public clients. With 16 locations nationwide and a track record of over 1,000 public sector projects, AGN has established itself as a trusted partner for complex building projects and revitalization programs.
Goodwin's transaction team consisted of partner Folko Moroni and associate Daniel Wagner (both Private Equity/Finance).