Hamburg – Vance Street Capital, a mid-market private equity fund, based in Los Angeles (USA), has acquired Galleon Embedded Computing GmbH. Galleon Embedded Computing GmbH was founded in 2009 and offers computer systems for the aerospace/defense sector as well as for demanding industrial and research applications. The acquisition of the German company complements the portfolio of Vance Street Capital, which had previously acquired an affiliated company of Galleon Embedded Computing GmbH in Norway. The parties have agreed not to disclose details of the transaction.
CMS advised Vance Street Capital with a team led by lead partner Dr Eckart Gottschalk on all legal aspects of the acquisition. The advice included in particular the structuring of the transaction as well as the drafting and negotiation of the transaction documentation.
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