Goldman Sachs Group’s €1.7 Billion Acquisition of NN Investment Partners

Goldman Sachs Group's €1.7 Billion Acquisition of NN Investment Partners

De Brauw advised NN Group on the deal. Freshfields represented The Goldman Sachs Group.

NN Group completed the sale of its asset manager NN Investment Partners (NN IP) to Goldman Sachs Group, Inc. for total cash proceeds of EUR 1.7 billion.

As part of the agreement, NN Group and Goldman Sachs Asset Management will enter into a ten-year strategic partnership under which the combined company will continue to provide asset management services to NN Group. The combination with Goldman Sachs gives NN IP a broader platform to accelerate its growth and further improve the offering and service to its clients. It will also allow NN Group to continue its successful cooperation with NN IP and to benefit from the strengths and complementary product propositions of Goldman Sachs.

The De Brauw team included Arne Grimme (Picture), Barbara Kloppert, Kees Groffen, Maarten van der Weijden, Pete Lawley, 
Wiebe Dijkstra, Eva Schram, Anna Gorgun, Chaggai Kon, Dana Horvath, Daniël van Gerven, Johan den Breems, Joël Erwteman, Mariska Enzerink, Mirjam Kerkhof, Peter Spijker, Rik van Haeringen, Rozemarijn Vernooij, Ayse Özcelik, Colette Bouwes Bavinck, Daan Gieben, David Mees, Dennis de Feij, Elena Vilarin Seivane, Hama Othman, Tessa Kok.

The Freshfields team is led by corporate M&A partners Alex Doorman, Sundeep Kapila and Ethan Klingsberg and associates Marius Weyers, Evelyn Bradley, Bas Kramer, Anne Zwolsman and Lasse de Vooght. Financial regulatory advice is provided by partner Emma Rachmaninov, counsel Igor Dovgaliouk and associate Sharon Sloof, with counsel David Jansen advising on asset management matters, partner Brechje Nollen and associate Julia van Heusden providing employment and pensions advice, partner Richard Lister and associates Rohan Jerath, Sinead O’Donnell and Shini Pattni advising on IP/technology/commercial contracts matters, partner Ben Morgan, counsel Aryeh Kaufman and associates Holly Williams and Patrick Devine advising on sanctions and compliance matters, associates Jan-Jaap Koningsveld and Auke Tadema advising on data privacy matters, partner Winfred Knibbeler and associate Felix Roscam Abbing advising on foreign direct investment matters and partner Eelco van der Stok and associate Daan van Schaik advising on tax matters.

Involved fees earner: Ben Morgan – Carey Olsen; Colette Bouwes Bavinck – De Brauw Blackstone Westbroek; Dennis de Feij – De Brauw Blackstone Westbroek; Johan den Breems – De Brauw Blackstone Westbroek; Wiebe Dijkstra – De Brauw Blackstone Westbroek; Mariska Enzerink – De Brauw Blackstone Westbroek; Joël Erwteman – De Brauw Blackstone Westbroek; Daan Gieben – De Brauw Blackstone Westbroek; Anna Gorgun – De Brauw Blackstone Westbroek; Arne Grimme – De Brauw Blackstone Westbroek; Kees Groffen – De Brauw Blackstone Westbroek; Dana Horvath – De Brauw Blackstone Westbroek; Barbara Kloppert-van Duren – De Brauw Blackstone Westbroek; Tessa Kok – De Brauw Blackstone Westbroek; Chaggai Kon – De Brauw Blackstone Westbroek; Pete Lawley – De Brauw Blackstone Westbroek; David Mees – De Brauw Blackstone Westbroek; Mirjam Kerkhof – De Brauw Blackstone Westbroek; Hama Othman – De Brauw Blackstone Westbroek; Ayse Özcelik – De Brauw Blackstone Westbroek; Eva Schram – De Brauw Blackstone Westbroek; Peter Spijker – De Brauw Blackstone Westbroek; Maarten van der Weijden – De Brauw Blackstone Westbroek; Daniël van Gerven – De Brauw Blackstone Westbroek; Rik van Haeringen – De Brauw Blackstone Westbroek; Rozemarijn Vernooij – De Brauw Blackstone Westbroek; Elena Vilarin – De Brauw Blackstone Westbroek; Evelyn Bradley – Freshfields Bruckhaus Deringer LLP; Lasse de Vooght – Freshfields Bruckhaus Deringer LLP; Alexander Doorman – Freshfields Bruckhaus Deringer LLP; Igor Dovgaliouk – Freshfields Bruckhaus Deringer LLP; David Jansen – Freshfields Bruckhaus Deringer LLP; Rohan Jerath – Freshfields Bruckhaus Deringer LLP; Sundeep Kapila – Freshfields Bruckhaus Deringer LLP; Aryeh Kaufman – Freshfields Bruckhaus Deringer LLP; Ethan Klingsberg – Freshfields Bruckhaus Deringer LLP; Winfred Knibbeler – Freshfields Bruckhaus Deringer LLP; Jan-Jaap Koningsveld – Freshfields Bruckhaus Deringer LLP; Bas Kramer – Freshfields Bruckhaus Deringer LLP; Richard Lister – Freshfields Bruckhaus Deringer LLP; Brechje Nollen – Freshfields Bruckhaus Deringer LLP; Emma Rachmaninov – Freshfields Bruckhaus Deringer LLP; Felix Roscam Abbing – Freshfields Bruckhaus Deringer LLP; Sharon Sloof – Freshfields Bruckhaus Deringer LLP; Auke-Frank Tadema – Freshfields Bruckhaus Deringer LLP; Eelco Van der Stok – Freshfields Bruckhaus Deringer LLP; Julia Van Heusden – Freshfields Bruckhaus Deringer LLP; Daan van Schaik – Freshfields Bruckhaus Deringer LLP; Marius Weyers – Freshfields Bruckhaus Deringer LLP; Holly Williams – Freshfields Bruckhaus Deringer LLP; Anne Zwolsman – Freshfields Bruckhaus Deringer LLP;

Law Firms: Carey Olsen; De Brauw Blackstone Westbroek; Freshfields Bruckhaus Deringer LLP;

Clients: Goldman Sachs; NN Group;

Author: Giulia Di Palma