CMS Hasche Sigle advises Waterland Private Equity on acquisition of a majority stake in Löwen Play

The Dutch investor Waterland Private Equity Fund III B.V., Bussum, and Löwen Play’s management acquired a majority stake in Löwen Play, Germany’s second largest gaming arcade operator. CMS Hasche Sigle advised Waterland on the transaction.

Löwen Play is the second largest amusement arcade operator in Germany. It operates over 4,000 machines in more than 170 arcades as well as a limited number of gaming machines in restaurants and pubs across Germany. The company, headquartered in Bingen, employs more than 700 people and generates revenues of € 50 million.

Waterland is an independent private equity firm active in The Netherlands, Belgium and Germany, with € 625 million funds under management. Waterland focuses on consolidation strategies, investing in fragmented growth markets.


Adviser to Waterland Private Equity Fund

CMS Hasche Sigle
Private Equity/M&A: Dr Katharina Specht-Jonen, Cologne, Dr Torsten Lörcher, Cologne
Acquisition Finance: Dr Herbert Wiehe, Cologne, Dr Anja Hasselmann-Thiede, Hamburg, Dr Roman Jordans, Cologne
Tax: Dr Wolf-Georg von Rechenberg, Berlin, Dr Jesko Nobiling, Berlin
Employment: Dr Matthias Kappus, Cologne
Real property: Isabel Schreyger, Cologne
Competition: Dr Dietmar Rahlmeyer, Düsseldorf



Contact CMS Hasche Sigle:


Dr Katharina Specht-Jonen
Tel.:+49 (0) 221 / 77 16 - 132
E-mail: Katharina.Specht-Jonen@cms-hs.com




About CMS Hasche Sigle:

CMS Hasche Sigle is one of the leading German law firms with more than 450 lawyers. It covers the entire area of commercial law and provides legal advice to major German and international companies from a wide spectrum of industry. CMS Hasche Sigle operates at all the major business centres. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow, Prague and Shanghai.

CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of partners see www.cms-hs.com

CMS Hasche Sigle is a member of CMS, an alliance of leading European law firms. With over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we advise our clients at commercial locations in 47 business centres in Europe and further afield on legal and tax issues.

Local strength, legal and tax advice tailored to the requirements of the market combined with a substantial amount of business and organisational integration form the basis for high-quality international legal advice.

In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium), CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS Reich-Rohrwig Hainz (Austria). CMS has 57 offices in 23 countries in Western and Central Europe, North and South America, Asia and North Africa.


For further information on CMS Hasche Sigle see www.cms-hs.com and on the CMS alliance see http:// www.cmslegal.com .