Mayer Brown advised Steadfast Capital Fund IV SCS, SICAV-RAIV (“Steadfast Capital Fund IV”) on the acquisition of Koop Group and Ko-Mats Group. As part of a management buy-out, the private equity fund Steadfast Capital Fund IV invested in Koop Watermanagement Holding B.V., based in Bad Bentheim, Lower Saxony, Germany, and Ko-Mats International B.V. as well as Ko-Mats GmbH. The parties have agreed not to disclose the terms of the acquisition. The sellers of the Koop Group and the Ko-Mats Group are the Koop family and a private investor. The management of the target companies and the Koop family have in turn acquired a substantial stake.
Steadfast Capital was founded in 2001 and is an independent private equity investor focusing on medium-sized businesses within German speaking Europe and Benelux countries. Steadfast Capital Fund IV benefits from the financial backing of the European Union under the European Fund for Strategic Investments (EFSI).
The Koop Group is a specialist in the area of dewatering and groundwater treatment in Europe and offers a full range of related industrial services.
The main focus of the transaction was on the participation of the long-standing management, the re-investment of the respective shareholders and the merger of the companies. Mayer Brown also advised on the financing of the transaction.
Dr. Julian Lemor and his team have been advising Steadfast Capital for more than 14 years, most recently on the acquisition of the BUK Group in July 2019.
The Mayer Brown Team was led by Corporate & Securities partners Dr. Julian Lemor and Dr. Robert John (both Frankfurt) and included: Corporate & Securities associates Anna-Lena Haggeney and Anne Bagdons (both Frankfurt), Tax Transactions & Consulting partner Volker B. Junge (Frankfurt), Intellectual Property partner Christoph J. Crützen (Düsseldorf), Employment partner Dr. Hagen Köckeritz (Frankfurt), Banking & Finance partner Dr. Martin Philipp Heuber (Frankfurt), Antitrust partner Dr. Jens Peter Schmidt (Brussels), Tax Transactions & Consulting counsel Susan Günther (Frankfurt), Real Estate counsels Andreas Hilfrich and Elmar Günther (Frankfurt), Employment senior associate Pauline Moritz (Frankfurt) and Banking & Finance senior associate Mario Bammann (Frankfurt) as well as Employment associate Dr. Svenja Fries (Frankfurt), Intellectual Property associate Benjamin Beck (Düsseldorf), Antitrust associate Carla Wachendorfer (Brussels), Banking & Finance associates Lisa Gesine Kirchner, Juliane Thon (both Frankfurt) and Real Estate associate Hannah Bommes (Frankfurt).