Frank\u00adfurt a. M. \u2014 The Norwe\u00adgian agency plat\u00adform Pari\u00adtee, which also includes the multi-award-winning UK agency Brands2Life, is acqui\u00adring a majo\u00adrity stake in the LHLK Group. The LHLK Group includes LHLK and PRpe\u00adtuum, two large commu\u00adni\u00adca\u00adti\u00adons agen\u00adcies from Germany with a turno\u00adver of 11 million euros and around 100 employees in Munich, Berlin and Frank\u00adfurt am Main, which will now become part of Pari\u00adtee\u2019s EMEA plat\u00adform. The parties have agreed not to disc\u00adlose the purchase price. The tran\u00adsac\u00adtion has alre\u00adady been completed.<\/p>\n
By acqui\u00adring a majo\u00adrity stake in the LHLK Group, the agency plat\u00adform Pari\u00adtee, in which the Scan\u00addi\u00adna\u00advian private equity fund Explore Equity<\/strong> also holds a stake, is conti\u00adnuing its Euro\u00adpean growth trajec\u00adtory and gaining a strong presence in the German market. The exis\u00adting manage\u00adment team of the LHLK Group will remain on board. The foun\u00adder and CEO, Dirk Loesch<\/strong>, joins the inter\u00adna\u00adtio\u00adnal board of the Pari\u00adtee Group. <\/p>\n As a result of the majo\u00adrity take\u00adover, the Pari\u00adtee Group now gene\u00adra\u00adtes net sales of EUR 60 million with more than 400 employees at ten loca\u00adti\u00adons. This tran\u00adsac\u00adtion was an important step for the further expan\u00adsion stra\u00adtegy in conti\u00adnen\u00adtal Europe. <\/p>\n Advi\u00adsor PARITEE: Mayer Brown <\/strong><\/p>\n The German Mayer Brown team from Frank\u00adfurt led by Dr. Fabio Borggreve (Part\u00adner<\/strong>, Private Equity and Corpo\u00adrate & Secu\u00adri\u00adties) (for Corpo\u00adrate) and Dr. Thomas Dieker (Coun\u00adsel, Tax) (for Tax) advi\u00adsed Pari\u00adtee on all German aspects of the complex cross-border plat\u00adform tran\u00adsac\u00adtion. The members of the team by prac\u00adtice: Corpo\u00adrate & Secu\u00adri\u00adties: Dr. Tobias Reiser, Marcel Pascal H\u00f6rauf (both Coun\u00adsel), Inga Vale\u00adrie Rupp, Luisa Sophie Schif\u00adfe\u00adrens (both Asso\u00adciate); Tax: Volker B. Junge (Part\u00adner); Banking & Finance: Odilo Wall\u00adner (Coun\u00adsel), Max Birk (Senior Asso\u00adciate); Employ\u00adment & Bene\u00adfits: Dr. Hagen K\u00f6cke\u00adritz (Part\u00adner), Bj\u00f6rn Voll\u00admuth (Coun\u00adsel), Konstan\u00adtin K\u00fchn (Asso\u00adciate); Real Estate: Duc Hieu Le (Asso\u00adciate); IP: Konstan\u00adtin von Werder (Coun\u00adsel). <\/p>\n A Selmer<\/strong> team advi\u00adsed on the Norwe\u00adgian aspects of the tran\u00adsac\u00adtion for Paritee: main\u00adfort Rechts\u00adan\u00adwalts\u00adge\u00adsell\u00adschaft Steu\u00ader\u00adbe\u00adra\u00adtungs\u00adge\u00adsell\u00adschaft mbH<\/strong> advi\u00adsed the sellers: Dr. Andreas Strie\u00adgel (lead), Heiner Neuhaus, Elahe Shekeba.<\/p>\n Aios GmbH<\/strong> acted as finan\u00adcial advi\u00adsor to the sellers: Merten Kroe\u00adhan (lead), Matthias Giese, Sabrina Schattenberg.<\/p>\n","protected":false},"excerpt":{"rendered":" Frank\u00adfurt a. M. \u2014 The Norwe\u00adgian agency plat\u00adform Pari\u00adtee, which also includes the multi-award-winning UK agency Brands2Life, is acqui\u00adring a majo\u00adrity stake in the LHLK Group. The LHLK Group includes LHLK and PRpe\u00adtuum, two large commu\u00adni\u00adca\u00adti\u00adons agen\u00adcies from Germany with a turno\u00adver of 11 million euros and around 100 employees in Munich, Berlin and Frankfurt [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":52779,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1367,1369,2635],"tags":[],"class_list":["post-52775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-investors","category-corporate-finance-mergers-acquisitions-en-en"],"yoast_head":"\n
\nCamilla Magnus (lead), Rammiya Arumu\u00adgam and Mia Nguyen.<\/p>\n