McDermott advises VR Equitypartner on Investment in Solectrix Group
Frankfurt, November 22, 2021 – McDermott Will & Emery has advised private equity firm VR Equitypartner on the acquisition of a minority stake in Solectrix Group. The sellers are the owners of Solectrix GmbH and Solectrix Systems GmbH who will remain shareholders and managers.
“We have had a trusting partnership with VR Equitypartner for quite a while now,” explains Michael Cziesla, Partner at McDermott Will & Emery. “We were able to successfully close yet another exciting transaction together – a strong investment in innovative technologies.” VR Equitypartner, a subsidiary of DZ BANK, is one of the leading equity financiers in Germany, Austria and Switzerland. VREP’s portfolio currently comprises around 60 investments with a total volume of €400 million.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prow-ess to bear in every matter for our clients and the people they serve.