Gerhard Schmidt is the Managing Partner of the German offices and one of the leading Private Equity and M&A lawyers in Germany. In addition, he has extensive experience in Restructuring work.
He has worked on numerous landmark cross-border transactions in recent years, including advising:
- TPG Capital, L.P. and DLJ Merchant Banking Funds in their €3.06 billion ($4.1 billion) sale of an 87.5% stake in Grohe Group S.à r.l., the parent company of Grohe Group, the Germany-based leading international premium brand for sanitary fittings, to LIXIL Group Corporation, a Japan-based, publicly traded global manufacturer of housing and building materials – this constitutes the largest direct Japanese investment in Germany to date.
- C&A Group, a leading European fashion retailer, in negotiations with the insolvency administrator for the sale of insolvent NETRADA Group, a provider of e-commerce solutions for the fashion and lifestyle industry in Europe and North America, as well as on the future contractual relationship between C&A and Bertelsmann subsidiary arvato AG as the new owner of NETRADA Group.
- Charterhouse Capital Partners in its approximately €500 million ($659 million) acquisition (including the favorable US-sourced financing thereof) of Germany-based Armacell Group, a manufacturer of engineered foams and the world leader in the market for flexible technical insulation materials, from Bahrain-based Investcorp SA.
- French IT services provider Atos Origin in its €850 million acquisition of the carved-out information technology solutions and services business of Siemens, creating one of the largest information technology services companies in Europe.
- Summit Partners on its acquisition of a majority stake in 360 Treasury Systems AG, one of the leading electronic multi-bank, multi-product trading platforms for FX, money market and interest rate derivative instruments.
- Bregal Capital in its acquisition of all of the equity in Novem Beteiligungs GmbH, a German automotive supplier, out of a trust structure; the transaction further provided for the partial acquisition and refinancing of existing bank debt.
- (WKO) Wilhelm Karmann GmbH & Co. KG, the (asset) holding company of insolvent German automotive supplier Wilhelm Karmann GmbH, throughout the complete and extensive restructuring process of the Karmann Group, most notably in the restructuring transactions involving the sale of various operational units to Volkswagen AG and the sale of the car top systems division to Valmet.
- General Motors and its affiliates in the $4.2 billion acquisition of the European, Latin American and China-based auto-finance and insurance operations of Ally Financial. These businesses operate primarily under the GMAC name and provide retail financing and other services to consumers as well as wholesale financing to dealers.
- German Media Partners (the company via which Saban Capital Group, Bain Capital, Hellman & Friedman, Providence Equity Partners LLC, Quadrangle Group and THL Partners held their investment in ProSieben Sat.1 Media AG) in the sale of a controlling interest in ProSiebenSat.1 Media AG to a consortium consisting of financial investors KKR and Permira in a transaction valued at €5.9 billion.
- Grohe Group, a global provider of premium sanitary fittings, on the increase in its shareholding to approximately 72.3% in Joyou, a China-based manufacturer of bathroom, kitchen and other faucets listed on the Frankfurt Stock Exchange, in the largest German/Chinese inbound transaction to date; the original acquisition of shares in Joyou AG was the first takeover offer by a German enterprise for a Chinese group of companies.
Mr. Schmidt is a graduate of the University of Erlangen-Nuremberg (law degree 1982, Dr. jur. 1984) and also attended the Universities of Lausanne and Strasbourg. He completed his business administration studies at INSEAD in France (MBA 1984) and was admitted to practice in Germany in 1986. In addition, Mr. Schmidt became licensed as a tax advisor in 1988.