Frank­furt, Munich, London — Weil, Gotshal & Manges LLP advi­sed the finan­cial inves­tor Noval­pina Capi­tal in connec­tion with a public take­over offer for Olym­pic Enter­tain­ment Group AS, listed on the Tallinn Stock Exch­ange. The tran­sac­tion is the largest of its kind so far in the Baltic States.

The public tender offer is being made by Odys­sey Europe AS, a company owned by funds mana­ged by Noval­pina Capi­tal, for all shares in Olym­pic Enter­tain­ment Group for a price of EUR 1.90 per share. Accor­ding to this, the delis­ting of the Olym­pic Enter­tain­ment Group from the Tallinn Stock Exch­ange and the merger of Odys­sey Europe AS with the Olym­pic Enter­tain­ment Group are being sought.

Olym­pic Enter­tain­ment Group is a leading opera­tor of casi­nos and provi­der of sports betting in six markets in the Euro­zone (Esto­nia, Latvia, Lithua­nia, Italy, Slova­kia and Malta).

Advi­sors to Noval­pina Capi­tal: Weil, Gotshal & Manges LLP
The Weil tran­sac­tion team is led by part­ner Prof. Dr. Gerhard Schmidt and is supported by the part­ners Stephan Grauke (Corpo­rate, Frank­furt), Tobias Geer­ling (Tax, Munich), Dr. Barbara Jagers­ber­ger (Corpo­rate, Munich) as well as Coun­sel Dr. Heiner Drüke (Corpo­rate, Frank­furt) and the asso­cia­tes Manuel-Peter Fringer (Corpo­rate, Munich), Dr. Ansgar Wimber (Corpo­rate, Munich), Benja­min Rapp (Tax, Munich), Alex­an­der Pfef­fer­ler (Corpo­rate, Munich), Daniel Zhu (Corpo­rate, Munich) and Julian Schwa­ne­beck (Corpo­rate, Frank­furt) as well as para­le­gals Madleen Düdder, Patrik Marten and Sonja Popp (all Munich).
The Weil team working on the acqui­si­tion finan­cing is led by Frank­furt Finance Part­ner Dr. Wolf­ram Distler and London Finance Part­ner Patrick Bright and was supported by asso­cia­tes Dr. Dorian Legel and Julia Schum (both Frank­furt) as well as Nick Kren­del and Antony Serban (both London).

About Noval­pina Capital
Noval­pina Capi­tal is an inde­pen­dent Euro­pean private equity firm that focu­ses on making control equity invest­ments in middle market compa­nies throug­hout the conti­nent. Noval­pina has a solu­­tion-orien­­ted, entre­pre­neu­rial approach to inves­t­ing and crea­ting value in its port­fo­lio compa­nies. Noval­pina Capi­tal was estab­lished by Stephen Peel, Stefan Kowski and Bastian Lueken in 2017. The Foun­ding Part­ners bring combi­ned expe­ri­ence of 48 years in private equity inves­t­ing, inclu­ding senior posi­ti­ons in the Euro­pean opera­ti­ons of leading global private equity invest­ment firms, and have a shared history of working toge­ther for nearly a decade.

About WEIL
Weil, Gotshal & Manges is an inter­na­tio­nal law firm with appro­xi­m­ately 1,100 lawy­ers, inclu­ding about 300 part­ners. Weil is head­quar­te­red in New York and has offices in Boston, Dallas, Frankfurt/Main, Hong Kong, Hous­ton, London, Miami, Munich, Paris, Beijing, Prague, Prince­ton, Shang­hai, Sili­con Valley, Warsaw and Washing­ton, D.C.