H.I.G. Europe’s Acquisition of Majority Stake in Infratech Bau GmbH

Gleiss Lutz advised H.I.G. Europe on the deal. Noerr advised the founders of Infratech Bau.

H.I.G. Capital, a leading global alternative investment firm with over €36 billion of equity capital under management, announced that an affiliate has signed a definitive agreement to acquire a majority stake in Infratech Bau GmbH- Infratech is one of the leading general contractors of infrastructure services deploying fiber-to-the-home broadband networks and bringing Gigabit internet to households and businesses in Germany. The transaction is subject to clearance by the relevant antitrust authorities.

H.I.G. Europe is the European arm of H.I.G. Capital, one of the leading global private equity funds in the small and midcap segment. With more than 400 investment professionals worldwide, H.I.G. Capital manages over EUR 36 billion of capital. H.I.G. Europe focuses on private equity investments in Europe, for which it has a European fund of EUR 1.1 billion at its disposal.

Infratech, founded by Gregor Klaßen und Andreas Muchall in 2007, is one of the leading general contractors for glass fibre civil engineering. The company constructs complex FTTH networks on behalf of public and private operators and has 75 highly qualified employees and a well-established and reliable partner network. In recent years, Infratech has achieved strong growth by connecting several thousand households and companies in northern and western Germany to high-speed internet. The expansion of FTTH networks as an attractive market offers considerable opportunities for growth and is further driven by the German government’s aim to provide the majority of German households with high-speed internet in the next few years.

The Gleiss Lutz team included Dr. Vanessa Rendtorff (counsel, Hamburg), Dr. Jan Balssen (Picture – partner, Munich, both lead), Dr. Stephanie Dausinger (Munich), Andrej Popp (Frankfurt, all Private Equity), Dr. Doris-Maria Schuster (partner), Dr. Daniela Mayr (both Employment), Dr. Johann Wagner (partner), Dr. Hendrik Marchal (counsel, both Tax), Dr. Johannes Niewerth (partner), Lesley Milde (all Hamburg), Konrad Discher (counsel, all Real Estate), Frank Schlobach (partner), Patrick Reuter (both Finance, all Frankfurt), Dr. Andreas Neun (partner), Dr. Thomas Fritsche, Kristina Müller (all Public Law, Berlin), Dr. Matthias Werner (counsel), Sebastian Girschick (both IP/IT), Dr. Manuel Klar (Data Protection, all Munich).

The Noerr team included Dr Jan-Philipp Meier, Dr Christoph Spiering (both Corporate/M&A Hamburg, joint lead), Dr Florian-Felix Marquardt (Tax, Berlin), Professor Peter Bräutigam (Digital Business, Munich), Simone Schönen (Restructuring, Hamburg), Dr Wolfgang Wittek (Employment, Hamburg), Dr Till Steinvorth (Antitrust, Hamburg), Associates: Vanessa Wüsthoff (Lead Associate), Moritz Rojek, Stephanie Otte (all Corporate/M&A, Hamburg).

 

Involved fees earner: Jan Balssen – Gleiss Lutz; Stephanie Dausinger – Gleiss Lutz; Konrad Discher – Gleiss Lutz; Thomas Fritsche – Gleiss Lutz; Sebastian Girschick – Gleiss Lutz; Manuel Klar – Gleiss Lutz; Hendrik Marchal – Gleiss Lutz; Daniela Mayr – Gleiss Lutz; Lesley Milde – Gleiss Lutz; Kristina Müller – Gleiss Lutz; Andreas Neun – Gleiss Lutz; Johannes Niewerth – Gleiss Lutz; Andrej Popp – Gleiss Lutz; Vanessa Rendtorff – Gleiss Lutz; Patrick Reuter – Gleiss Lutz; Frank Schlobach – Gleiss Lutz; Doris-Maria Schuster – Gleiss Lutz; Johann Wagner – Gleiss Lutz; Matthias Werner – Gleiss Lutz; Peter Bräutigam – Noerr; Florian-Felix Marquardt – Noerr; Jan-Philipp Meier – Noerr; Stephanie Otte – Noerr; Moritz Rojek – Noerr; Simone Schönen – Noerr; Christoph Spiering – Noerr; Till Steinvorth – Noerr; Wolfgang Wittek – Noerr; Vanessa Wüsthoff – Noerr;

Law Firms: Gleiss Lutz; Noerr;

Clients: Andreas Muchall; Gregor Klaßen; Hig Europe;

Author: Federica Tiefenthaler