Acquisition of system provider of premium vehicle equipment by Operando Partners: funding by HF Private Debt
With a Frankfurt-based team led by Partner Thomas K. Schrell, business law firm Heuking Kühn Lüer Wojtek advised HF Private Debt Fonds, SCSp on funding the acquisition of a majority stake in ALUCA group by Operando Partners.
Heuking Kühn Lüer Wojtek comprehensively supported HF Private Debt in drafting, structuring, negotiating, and implementing the entire financing documentation.
Founded in 1993, medium-sized Aluca group develops and builds customized lightweight solutions for installation in commercial vehicles of well-known manufacturers. The group employs 180 people at its production site in Rosengarten and its sales offices in Berlin, Braunschweig, Munich, and Olpe. The group also includes the two subsidiaries Aluca Benelux B.V. and Aluca Austria GmbH.
Operando Partners is a Cologne-based industrial holding company that invests capital from German entrepreneurial families in medium-sized companies on a long-term basis to develop them into market leaders in their respective market segments.
HF Debt GmbH is the exclusive advisor of Luxemburg-based HF Private Debt Fonds, SCSp which is providing private debt financing to small and medium-sized companies (EBITDA between EUR 2-10 million). Typical financing venues are growth financing, corporate successions. With a clear focus on the German-speaking area (DACH), HF Private Debt invests in well established companies with a proven business model.
For more information, visit www.hf-debt.com.
Counsel to HF Debt GmbH
Heuking Kühn Lüer Wojtek:
Thomas K. W. Schrell, LL.M. (Lead, Banking & Finance), Frankfurt
Anja Harms (Banking & Finance), Frankfurt