Exit: Active Capital sells shares in SchahlLED Lighting to Thorpe
Munich/ Worcestershire (UK) — ARQIS has advised Active Capital Company (ACC) on the sale of its majority stake in LED specialist SchahlLED Lighting (SchahlLED) to FW Thorpe Plc (Thorpe).
ACC invested in SchahlLED in 2019 as ACC’s first direct investment in Germany. SchahlLED is a provider of intelligent industrial lighting solutions. The company is based in Unterschleißheim near Munich and is active in Germany, Austria, Switzerland and Poland. Together with management, ACC has achieved strong growth for the company and has become the preferred LED solution provider for many players in industry and logistics. The incorporation into the Thorpe Group marks the beginning of the next growth phase for SchahlLED, especially for the expansion across Europe. The current management will remain with the company.
Thorpe, headquartered in Worcestershire, UK and listed on the London Stock Exchange, designs, manufactures and supplies professional lighting equipment. The acquisition of SchahlLED builds on a successful partnership. SchahlLED and Thorlux Lighting, a division of FW Thorpe Plc Group, have already been working together since 2019, distributing SmartScan lighting control products mainly in the German market.
The ARQIS team of Dr. Mauritz von Einem and Dr. Christof Alexander Schneider has advised ACC on several transactions in recent years, including two add-on transactions for SchahlLED. ACC is an independent private equity investor focusing on small and medium-sized companies in the Netherlands and Germany. ACC maximizes the long-term value of its investments by helping management execute value-added projects and providing access to its extensive partner network.
Advisor ACC: ARQIS (Düsseldorf/ Munich)
Dr. Mauritz von Einem, Dr. Christof Alexander Schneider (both lead/ Transactions/ M&A); Counsel: Donata Lasson (Labor Law); Managing Associate: Benjamin Bandur (Corporate/M&A), Nora Meyer-Stratmann (IP); Associate: Christoph Lutz (Corporate/M&A)
Advisors to Thorpe: BDO Legal
Thorsten Schumacher, Dr. Konstantin Michelsen
ARQIS is an independent business law firm operating internationally. The firm was founded in 2006 in Düsseldorf, Munich and Tokyo. Around 80 lawyers and legal specialists advise domestic and foreign companies at the highest level on German and Japanese business law. With the focus groups Transactions, HR.Law, Japan, Data.Law and Risk, the firm is focused on providing holistic advice to its clients. www.arqis.com.