Clifford Chance Grows Munich Office With High-Calibre Private Equity Team

Clifford Chance grows Munich office with high-calibre private equity team International law firm Clifford Chance has boosted its German private equity team with the high-calibre additions of partners Volkmar Bruckner and Mark Aschenbrenner as well as senior associate Samuel Frommelt. All of the new additions will be working from Clifford Chance’s Munich office, while at the same time further strengthening the German and international transaction team with their specialist expertise and market experience. The team will join Clifford Chance from Kirkland & Ellis in Munich, boosting the firm’s partner base in Germany with a particular focus on private equity and financial investors.

Volkmar Bruckner is an experienced private equity specialist advising investors, management teams and companies on complex regional and international large cap and mid cap as well as M&A transactions, in particular leveraged buy-outs, carve-outs and joint ventures.

Mark Aschenbrenner has established a reputation in the private equity community thanks to his diverse experience from various high-level acquisitions and is recognized as one of the emerging private equity partners of the new generation.

Samuel Frommelt advises private equity and financial investors on M&A transactions. He has extensive experience advising clients across sectors, particularly on investments in unlisted companies, public takeovers, co-investments and secondary transactions.

 The exact date of the move has yet to be determined.

Peter Dieners, Managing Partner of Clifford Chance in Germany, comments: “Munich and private equity transaction advisory belong together for us. Lawyers like Volkmar Bruckner, Mark Aschenbrenner and Samuel Frommelt are therefore a perfect fit for our teams. With their extraordinary market profile and at the same time great ambition, they make us stronger on our way to the top of the German market. With them, our important Munich presence will be perfectly complemented and even more powerful, also in very large projects and transactions. We intend to further grow our private equity practice going forward.”

Anselm Raddatz, Head of the Private Equity Group at Clifford Chance in Germany, comments: “We are very happy about the new additions. The great new team joining us in Munich raises our private equity profile on the ground and will greatly contribute to providing our clients with even more power and expertise for the successful and secure realisation of their investments in Germany and Europe.”

Clifford Chance is growing strategically its offices in Düsseldorf, Frankfurt and Munich. In the strong Munich market in particular, the firm is strengthening its focus on broad-based and thus significantly more powerful and comprehensive transaction and financing advice for private equity houses and other financial investors.

Clifford Chance’s global private equity practice fields large teams in Europe, the Middle East, Asia/Pacific and the US, providing financial investors and funds with market-leading expertise across the full spectrum of their activities. Recently, the firm’s German teams have assisted clients in these high-profile transactions, among others:

  • Medical diagnostics and laboratory services provider SYNLAB and financial investors Cinven, Novo Holdings and OTPP on SYNLAB’s IPO at Frankfurt Stock Exchange;
  • Permira on the acquisition of leading European CNS specialty pharma company Neuraxpharm from Apax;
  • Triton in its acquisition of premium kitchen supplier SCHOCK from IK Investment Partners.
Source:  www.cliffordchance.com