Gimv’s Acquisition of Majority Stake in Köberl Group

Orrick Herrington & Sutcliffe LLP advised European investment company Gimv on the acquisition of a majority stake in Munich-based Köberl Group, including Fink Gebäudetechnik and Gema Gebäudemanagement.

The aim of the partnership is to sustainably further the group’s long-term growth together with the group’s managing owners, who will remain in their current roles. The focus will be on strengthening in-house services, expanding regionally and driving digitalization efforts. The transaction is subject to customary closing conditions, including approval by the competition authority.

Listed on Euronext Brussels, Gimv is a European investment company with almost 40 years of experience in private equity. The company currently has a portfolio of approximately €1.1 billion of investments in more than 50 portfolio companies, with a combined total of 14,000 employees and turnover of €2.75 billion.

Köberl Group is one of the leading full-service providers of facility management and technical building services in the southern German market. The group consists of Fink Gebäudetechnik, Gema Gebäudemanagement and SGM Süddeutsche Gebäudemanagement, which together employ a staff of more than 350 and generate a total output of over €60 million.

The Orrick team was led by Fabian von Samson-Himmelstjerna (Picture) and Christine Kaniak, Stefan Renner, André Zimmermann, Christian Schröder, Till Steinvorth, and Stefan Schultes-Schnitzlein; counsel Felix Schäfer; and associates Markus Schmid, Christina Lorenz, Louisa Kallhoff, Marianna Karapetyan, Dennis Schmidt, Robert Weinhold, and Julius Schradin.

Involved fees earner: Louisa Kallhoff – Orrick; Christine Kaniak – Orrick; Marianna Karapetyan – Orrick; Christina Lorenz – Orrick; Stefan Renner – Orrick; Felix Schäfer – Orrick; Markus Schmid – Orrick; Dennis Schmidt – Orrick; Julius Schradin – Orrick; Christian Schröder – Orrick; Stefan Schultes-Schnitzlein – Orrick; Till Steinvorth – Orrick; Fabian von Samson-Himmelstjerna – Orrick; Robert Weinhold – Orrick; André Zimmermann – Orrick;

Law Firms: Orrick;

Clients: Gimv NV;