Palladio Partners invests in hylane

Munich — Herbert Smith Freeh­ills Kramer has advi­sed Palla­dio Part­ners, an invest­ment boutique specia­li­zing in private markets, on its invest­ment in hylane GmbH, a leading Euro­pean lessor of zero-emis­­sion trucks.

As soon as the neces­sary regu­la­tory appr­ovals have been obtai­ned, Palla­dio will acquire a stake in hylane as part of a signi­fi­cant capi­tal increase and also take over the majo­rity of voting rights for important areas. The current owner of hylane is the insu­rance group DEVK, which has held 100 percent of the shares since hylane was foun­ded in 2021 and remains inves­ted in hylane as a joint venture partner. 

Palla­dio Part­ners wants to support the growth of hylane. The fleet of zero-emis­­sion trucks is to be expan­ded over the next few years with total invest­ments in the three-digit million range.

Hylane, foun­ded in 2021 and based in Colo­gne, provi­des battery and hydro­­­gen-powered vehic­les from various manu­fac­tu­r­ers in a usage-based rental model. Its custo­mers include leading fleet opera­tors from the logi­stics, retail and indus­trial sectors, inclu­ding DHL, DB Schen­ker, DSV, Hermes and REWE. 

Palla­dio Part­ners is an owner-mana­­ged invest­ment boutique with a focus on infra­struc­ture invest­ments, private equity and private debt. Foun­ded in 2012, Palla­dio today has around 100 employees and mana­ges funds tota­ling around EUR 10 billion. 

Herbert Smith Freeh­ills Kramer advi­sed Palla­dio Part­ners with the follo­wing team: 

Corporate/M&A: Dr. Chris­toph Nawroth (Part­ner, lead), Dr. Sebas­tian Schü­rer (Coun­sel); Asso­cia­tes: Phil­lip Kablitz, Stefa­nie Strahl, Dr. Bastian Held (all Düsseldorf)
Anti­trust law: Dr. Marcel Nuys (Part­ner); Asso­cia­tes: Mirko Gleits­mann, Dr. Lennard Posser (all Düssel­dorf) Employ­ment law: Moritz Kunz (Part­ner), Dr. Anja Ling­scheid (Coun­sel); Asso­ciate: Julia Ickstadt (all Frankfurt)
Tax law: Dr. Stef­fen Hörner (Part­ner); Asso­cia­tes: Tatiana Güns­ter, Dirk Metz­ler (all Frankfurt)
Regu­la­tory: Dr. Marius Boewe; Asso­cia­tes: David Rasche, Dr. Dejan Einfeldt (all Düsseldorf)
IP: Dr. Ina vom Feld (Part­ner); Asso­ciate: Maxi­mi­lian Martini (both Düsseldorf)