3i Infrastructure plc’s Acquisition of Majority Stake in DNS:Net Internet Service GmbH

Baker McKenzie advised DNS:Net Internet Service GmbH on the transaction. Clifford Chance advised 3i Infrastructure. Poellath advised DNS:NET management.

DNS:Net Internet Service GmbH (DNS:Net) and its shareholders, DBAG Expansion Capital Fund and founder and majority shareholder Alexander Lucke, completed the sale of a majority stake in DNS:NET to UK-based 3i Infrastructure plc. DNS:Net is a strongly growing provider of fibre-optic internet connections and the second-largest provider of VDSL connections in Brandenburg and a leader in connecting new residential properties in Berlin to its own fiber-optic network.

The DNS:Net Internet Service GmbH management team includes Rüdiger Gerndt, Colin-Alexander Rauer and Christoph Högi.

The Baker McKenzie team was led by Corporate/M&A Dr. partner Ingo Strauss (Picture), Corporate/M&A/Energy: Dr. Heiko Gotsche (partner, Dusseldorf), Jana Upschulte (senior associate, Dusseldorf), Juan Garcia Jacobsen associate, Dusseldorf), Dr. Richard Stefanink (associate, Dusseldorf), Celina Anna Zaim (associate, Dusseldorf); IT: Dr. Holger Lutz (partner, Frankfurt), Simone Rieken (senior associate, Frankfurt); Public Law: Anahita Thoms (partner, Dusseldorf), Dr. Claire Dietz-Polte (counsel, Berlin), Alexander Ehrle (associate, Berlin); Employment: Dr. Christian Reichel (partner, Frankfurt) and Tax: Christoph Becker (partner, Frankfurt).
The Inhouse Legal DBAG team was led by Florian Döring, Head of Legal (M&A) and Investment Process, Matthias Döll, Director M&A and Corporate Law.

The international Clifford Chance team advising 3i Infrastructure on the transaction comprised partners Markus Stephanblome and Frederik Mühl as well as senior associate Gerd Hegele, associate Natalie Hemberger and transaction lawyer Anna Chiettini (all Corporate M&A, Frankfurt); partner Michael Bates, Lucinda Hamilton, Director of Infrastructure Financing, (both Finance, London) and partner Christof Häfner, counsel Andreas Ruthemeyer and associate Yan Ma (all Finance, Frankfurt); partner Mathias Elspaß and associate Felix Feldmann (both Regulatory, Düsseldorf) as well as partner Marc Besen, counsel Dimitri Slobodenjuk and senior associates Arne Gayk and Anne Filzmoser (all Antitrust, Düsseldorf). The due diligence team comprised partners David Pasewaldt (Compliance, Frankfurt), Ines Keitel (Employment/Data Privacy, Frankfurt), Reinhard Scheer-Hennings (Real Estate, Düsseldorf) and Claudia Milbradt (IP, Düsseldorf), counsels Susanne Werry (Data Privacy), Steffen Amelung (Real Estate/Procurement, both Frankfurt) and Anne Britta Haas (Corporate, Munich); senior associates Mario Maier (Employment, Munich), Nicolas Hohn-Hein (IP, Düsseldorf), Alexander Shemyakin (Real Estate, Düsseldorf); associates Katrin Wick (Compliance, Frankfurt), Marcus Drescher (Düsseldorf), Michael Kümmel, Iliana Diedrich (both Frankfurt, all Corporate), Alicia Busch (Employment, Frankfurt), Timo Heppner (Real Estate/Procurement, Frankfurt), David Rahmel (Real Estate, Düsseldorf) as well as transaction lawyer Sessi Govoei (Finance, Düsseldorf).

The Poellath team included Dr. Benedikt Hohaus and Silke Simmer.

Involved fees earner: Christoph Becker – Baker McKenzie; Claire Dietz-Polte – Baker McKenzie; Alexander Ehrle – Baker McKenzie; Heiko Gotsche – Baker McKenzie; Juan Garcia Jacobsen – Baker McKenzie; Holger Lutz – Baker McKenzie; Christian Reichel – Baker McKenzie; Simone Rieken – Baker McKenzie; Richard Stefanink – Baker McKenzie; Ingo Strauss – Baker McKenzie; Anahita Thoms – Baker McKenzie; Jana Upschulte – Baker McKenzie; Celina Zaim – Baker McKenzie; Steffen Amelung – Clifford Chance; Michael Bates – Clifford Chance; Marc Besen – Clifford Chance; Alicia Busch – Clifford Chance; Iliana Diedrich – Clifford Chance; Marcus Drescher – Clifford Chance; Mathias Elspass – Clifford Chance; Felix Feldmann – Clifford Chance; Anne Filzmoser – Clifford Chance; Arne Gayk – Clifford Chance; Anne Britta Haas – Clifford Chance; Christof Häfner – Clifford Chance; Lucinda Hamilton – Clifford Chance; Gerd Hegele – Clifford Chance; Natalie Hemberger – Clifford Chance; Timo Heppner – Clifford Chance; Nicolas Hohn-Hein – Clifford Chance; Ines Keitel – Clifford Chance; Michael Kümmel – Clifford Chance; Yan Ma – Clifford Chance; Mario Maier – Clifford Chance; Claudia Milbradt – Clifford Chance; Frederik Mühl – Clifford Chance; David Pasewaldt – Clifford Chance; David Rahmel – Clifford Chance; Reinhard Scheer-Hennings – Clifford Chance; Alexander Shemyakin – Clifford Chance; Dimitri Slobodenjuk – Clifford Chance; Markus Stephanblome – Clifford Chance; Susanne Werry – Clifford Chance; Katrin Wick – Clifford Chance; Andreas Ruthemeyer – Freshfields Bruckhaus Deringer LLP; Benedikt Hohaus – P+P Pöllath + Partners; Silke Simmer – P+P Pöllath + Partners;

Law Firms: Baker McKenzie; Clifford Chance; Freshfields Bruckhaus Deringer LLP; P+P Pöllath + Partners;

Clients: 3i Infrastructure; Christoph Högi; Colin-Alexander Rauer ; DNS:Net Internet Service GmbH; Rüdiger Gerndt;

Author: Federica Tiefenthaler