Ashurst advised Credit Suisse and Oldenburgische Landesbank on the deal. Hogan Lovells advised Chequers Capital.
Headquartered in Hanover, Germany, Corning Services has over 25 years’ experience in the delivery and installation of complete telecommunication networks for public and private operators of critical infrastructures such as telecom carriers and utilities. Besides engineering, delivery, setting up and servicing of next generation access, transport and IMS/softswitch networks, the company offers a broad spectrum of services and managed services including network and security operation. Corning Services enjoyed strong organic growth over the last 10 years and currently employs c. 80 employees.
Chequers Capital, which manages assets of around €2bn, focuses on the acquisition and development of medium-sized companies in Europe and completed around 300 investments mainly in France, Germany, Italy, Spain, Belgium and Switzerland.
The Ashurst team was led by partner Dr Matthias Weissinger (Picture). He was assisted by counsel Sabrina Bremer, senior associate Franziska Sauer and transaction lawyers Kerstin Hartmann and Ena Selimbegovic (all Global Loans). Partner Fabien Debroise and associate Ludmilla Bouchez-Lecuy advised on Luxembourg law aspects of the transaction and senior associate Christian Sotta provided advice on tax law.
Hogan Lovells team for Chequers Capital in Frankfurt Dr Jörg Herwig (Partner), Alexandra Willm, Konstantin Weber (Associates), Florian Kalbfleisch (Paralegal) (all Private Equity); Bianca Engelmann (Partner), Clara Rego Calderón (Senior Associate) (both Banking); Dr Alexander Stefan Rieger (Partner, Infrastructure, Energy, Resources and Projects); Siegrun Müller (Senior Associate), Annika Lind (Associate) (both Real Estate); Prof Dr Fabian Pfuhl (Counsel, IPMT); Dr Kerstin Neighbour (Partner), Paul Single, Charlotte Bäcker (Associate) (all Employment); in Dusseldorf Guido Brockhausen (Counsel, Mergers & Acquisitions); Dr Mathias Schönhaus (Partner), Anne-Svenja de Kiff (Counsel), Anja Brunthaler (Associate) (all Tax); Dr Martin Sura (Partner), Sebastian Faust (Counsel), Hannah Roeingh (Associate) (all Antitrust); Dr Stefan Schröder (Partner), Finn Poll-Wolbeck (Associate) (both Energy); Golo Edel (Senior Associate, Strategic Operations, Agreements and Regulation); in Munich Bernd Klemm (Partner), Dr Thomas Frank (Senior Associate) (both Pensions);Dr Florian Unseld (Partner), Dominika Wiesner, Janna Weimer (Associates) (all Strategic Operations, Agreements and Regulation); in Luxembourg Ariane Mehrshahi (Counsel), Valerie Laskowski (Senior Associate) (both Debt Capital Markets); Agnes Merz (Associate, Banking); in Paris Ludovic Geneston (Partner), Adrian Gaina (Associate) (both Tax); in Washington, D.C. Christine Lane (Partner, Tax).
Involved fees earner: Ludmilla Bouchez-Lecuy – Ashurst; Sabrina Bremer – Ashurst; Fabien Debroise – Ashurst; Franziska Sauer – Ashurst; Christian Sotta – Ashurst; Matthias Weissinger – Ashurst; Guido Brockhausen – Hogan Lovells; Anne-Svenja de Kiff – Hogan Lovells; Golo Edel – Hogan Lovells; Bianca Engelmann – Hogan Lovells; Sebastian Faust – Hogan Lovells; Thomas Frank – Hogan Lovells; Adrian Gaina – Hogan Lovells; Ludovic Geneston – Hogan Lovells; Hanns Jörg Herwig – Hogan Lovells; Bernd Klemm – Hogan Lovells; Christine Lane – Hogan Lovells; Valerie Laskowski – Hogan Lovells; Annika Lind – Hogan Lovells; Ariane Mehrshahi – Hogan Lovells; Agnes Merz – Hogan Lovells; Kerstin Neighbour – Hogan Lovells; Fabian Pfuhl – Hogan Lovells; Finn Poll-Wolbeck – Hogan Lovells; Clara Rego Calderon – Hogan Lovells; Alexander Stefan Rieger – Hogan Lovells; Mathias Schönhaus – Hogan Lovells; Stefan Schröder – Hogan Lovells; Paul Single – Hogan Lovells; Martin Sura – Hogan Lovells; Florian Unseld – Hogan Lovells; Konstantin Weber – Hogan Lovells; Janna Weimer – Hogan Lovells; Alexandra Willm – Hogan Lovells;