Oakley Capital’s €280 Million Acquisition of WindStar Medical

Kirkland advised Oakley Capital on the deal. Clifford Chance advised lenders Pemberton Asset Management and Siemens Bank on the financing. SMP advised Project A.

Oakley Capital entered into a definitive agreement for the acquisition of WindStar Medical from NuCom Group and two minority shareholders.

WindStar Medical is a leading supplier of health products in Germany and develops and distributes high-quality medical products and over-the-counter medicines for drugstores, supermarkets and pharmacies. Since 2016, the company has been part of ProSiebenSat.1 and was reclassified in 2018 under the umbrella of the NuCom Group, which is majority-owned by ProSiebenSat.1 and General Atlantic as a minority investor.

Headquartered in London, Oakley Capital is a mid-market private equity investor with €3.0 billion under management, investing primarily in Western Europe.

The Kirkland team advising Oakley Capital was led by private equity partner Ben Leyendecker (Picture); debt finance partner Alexander Längsfeld; tax partner Oded Schein; and supported by transactional associates David Huthmacher and Greta-Josefin Harnisch.

The Clifford Chance team advising Pemberton and Siemens Bank on the financing of this transaction comprised partners Steffen Schellschmidt, Bettina Steinhauer, senior associates Christoph Nensa and Simon Reitz as well as associate Nico Köhler (all Frankfurt, Finance), partner Marc Mehlen, counsel Audrey Mucciante and associate Angelo Hyka (all Finance, Luxembourg).

The SMP team was led by Dr. Tim Schlösser (Picture) and Dr. Malte Bergmann.

Involved fees earner: Nico Köhler – Clifford Chance; Marc Mehlen – Clifford Chance; Audrey Mucciante – Clifford Chance; Christoph Nensa – Clifford Chance; Simon Reitz – Clifford Chance; Steffen Schellschmidt – Clifford Chance; Bettina Steinhauer – Clifford Chance; Greta-Josefin Harnisch – Kirkland & Ellis; David Huthmacher – Kirkland & Ellis; Alexander Längsfeld – Kirkland & Ellis; Benjamin Leyendecker – Kirkland & Ellis; Oded Schein – Kirkland & Ellis; Malte Bergmann – Schnittker Möllmann Partners; Tim Schlösser – Schnittker Möllmann Partners;

Law Firms: Clifford Chance; Kirkland & Ellis; Schnittker Möllmann Partners;

Clients: Oakley Capital; Pemberton; Project A Ventures GmbH & Co. KG; Siemens Bank GmbH;