Ardian Growth’s Acquisition of a Minority Stake in Kapten & Son GmbH

Gütt Olk Feldhaus and ALTENBURG Fachanwälte für Arbeitsrecht provided legal advice on the transaction to the founders Fabian Deventer, Johannes Theobald and Artjem Weißbeck, who remain shareholders. McDermott Will & Emery advised Ardian Growth on the deal.

Ardian, a world-leading private investment house, announced a minority investment in Kapten & Son, a German brand specializing in the online retail sale of lifestyle and fashion accessories. This minority stake acquisition through one of its Ardian Growth funds marks the first investment in Germany by Ardian Growth and it will enable the team to support Kapten & Son’s founders in their European ambitions.

Founded in 2014, by Johannes Theobald, Artjem Weissbeck, and Fabian Deventer, Kapten & Son has established itself as a leading name in the German fashion and lifestyle accessories market and begun its expansion in Europe. Over the past two years, Kapten & Son has increased its turnover to over 50 million Euro, fueled by the quality of its products, its Direct-to-Consumer (D2C) strategy and its extensive expertise across marketing and data analysis.

Ardian Growth will support the founders as a strategic partner to build and grow the business. The team at Ardian Growth boasts a strong track record in this space, substantiated by experience gathered across the e-commerce market. In addition, Ardian will support the internationalization by leveraging its global network and its expertise in targeted build-up strategy.

The Gütt Olk Feldhaus team was led by Dr. Sebastian OlK (Picture) and further included Thomas Becker, Isabelle Vrancken, Dr. Marcel Schmidt, and Dr. Dominik Forstner.

The Altenburg team was led by Andreas Ege and Henning Timm.

McDermott Will & Emery advised Ardian Growth with a team co-led by Diana Hund (Corporate/M&A, Paris) and Germar Enders (Corporate/M&A, Munich) advised Ardian on all legal aspects of the transaction. The team also comprised Nikolaus von Jacobs (Corporate/M&A), Steffen Woitz (IP) (both Munich), Nina Siewert (Tax, Frankfurt), Antoine Vergnat (Tax, Paris), Christian Krohs (Antitrust, Düsseldorf) as well as associates Emmanuelle Turek (Corporate/M&A, Paris), Matthias Weingut (Corporate/M&A), Richard Gräbener (IP) (both Munich), Carina Kant (Antitrust, Düsseldorf) and Côme de Saint Vincent (Tax, Paris).

Involved fees earner: Andreas Ege – Altenburg Fachanwälte für Arbeitsrecht; Henning Timm – Altenburg Fachanwälte für Arbeitsrecht; Thomas Becker – Gutt Olk Feldhaus; Dominik Forstner – Gutt Olk Feldhaus; Sebastian Olk – Gutt Olk Feldhaus; Marcel Schmidt – Gutt Olk Feldhaus; Isabelle Vrancken – Gutt Olk Feldhaus; Côme de Saint Vincent – McDermott Will & Emery; Germar Enders – McDermott Will & Emery; Richard Gräbener – McDermott Will & Emery; Diana Hund – McDermott Will & Emery; Carina Kant – McDermott Will & Emery; Christian Krohs – McDermott Will & Emery; Nina Siewert – McDermott Will & Emery; Emmanuelle Turek – McDermott Will & Emery; Antoine Vergnat – McDermott Will & Emery; Nikolaus von Jacobs – McDermott Will & Emery; Matthias Weingut – McDermott Will & Emery; Steffen Woitz – McDermott Will & Emery;

Law Firms: Altenburg Fachanwälte für Arbeitsrecht; Gutt Olk Feldhaus; McDermott Will & Emery;

Clients: Ardian; Artjem Weißbeck; Fabian Deventer; Johannes Theobald ;

Author: Federica Tiefenthaler