
McDermott advises Rhein Invest on majority stake in MC Shape
Munich — McDermott Will & Schulte has advised the German-Dutch investment company Rhein Invest on the acquisition of a majority stake in the fitness studio operator MC Shape. The founder will retain a significant stake in the company.
MC Shape, based in Nagold, Baden-Württemberg, was founded in 2013 and now operates 16 of its own and 21 franchise studios with more than 80,000 members. The focus is currently on southern Germany; there are plans to expand its presence throughout Germany.
Founded in 2017 and based in Amsterdam, Rhein Invest invests in small and medium-sized enterprises (SMEs) with a strong DNA.
McDermott advised Rhein Invest under the lead management of partners Hanno Witt and Ludwig Zesch on all transaction-related issues including financing.
Advisor Rhein Invest: McDermott Will & Schulte, Munich
Hanno M. Witt, LL.M. (Lead, Private Equity), Ludwig Zesch (Lead, Finance), Alexandra Prato (Counsel, Private Equity), Franziska Sauer (Counsel, Finance), Dr. Florian Schiefer (Tax Law, Frankfurt), Dr. Claus Färber (Counsel, IP/IT and Data Protection Law); Associates: Nicole Kaps, Julia Külzer, Dr. Armin Teymouri, Parsin Walsi, LL.M., Dr. Manuel Weiß (all Private Equity), Lorenz Schwojer (Finance), Andreas H. Janßen (Commercial, Cologne), Janek Joosten, Lennart Neumann (both Employment Law, Düsseldorf)