CMS advises Equistone on the acquisition of Peter Hahn and Madeleine Mode
Zurich – Equistone Partners Europe Limited through its Fund V has acquired a majority stake in TriStyle Mode GmbH. The mid-market focused private equity firm, together with the company's management, is buying all the shares in the business. The selling shareholders are Primondo Specialty Group GmbH and Wirth Beteiligungs GmbH. The parties have agreed not to disclose the purchase price. The transaction is subject to regulatory approval by the competition authorities.
Via its subsidiaries Peter Hahn und Madeleine Mode, TriStyle distributes its own apparel brands and selected third party brands with a focus on the over-45 audience. Key markets include Germany, Austria, Switzerland, Netherlands and France. In the financial year 2013/14, TriStyle generated total sales of EUR 483 million with over 1100 employees.
An international team of CMS lead by Dr Martin Bell and Dr Heike Wagner has comprehensively advised Equistone in connection with this transaction on all legal aspects of the acquisition and the management participation. As part of the international team M&A partner Stefan Brunnschweiler, Andrea Ferchl and Florian Jung have successfully advised Equistone on the Swiss legal aspects of the transaction.
Equistone Partners Europe is one of Europe’s leading investors in mid-market buyouts with offices in Germany, Switzerland, France and the UK. Equistone has a strong focus on change of ownership deals with enterprise values of between EUR 50 million and EUR 300 million.
Florian Jung, all Corporate/M&A
Dr. Martin Bell
Dr. Heike Wagner, both Lead Partners
Dr. Tobias Kilian
Tobias Arnold, all M&A
Dr. Johannes Baare, both Corporate
Dr. Ulrich Becker
Dominik Seehawer, all Commercial
Dr. Tobias Polloczek
Kristina Kneip, all Employment
Dr. Dirk Smielick, IP
Christian Rein, IT/Data Protection
Heinz Joachim Kummer, Real Estate
Dr. Alexander Rakosi, M&A
Caroline Schmidt, all Corporate/M&A
Martijn van der Bie
Herman van Aerts, both Corporate/M&A
Matthias Le Pan
Matthieu Rollin, all Corporate/M&A
Narinder Jugpal, both Corporate/M&A