Noerr provides advice to funds advised by Orlando on acquisition of a stake in BOS group
Noerr has provided advice to the ESSVP IV funds (ESSVP) advised by Orlando Management AG on the acquisition of a stake in BOS GmbH & Co. KG (BOS). A Noerr team led by Georg Schneider, co-head of the firm’s private equity practice, provided comprehensive advice to ESSVP on the legal and tax aspects as well as financing of the transaction.
As part of the partnership, ESSVP and BOS will jointly focus on their international growth and further developing their strategic product fields.
The BOS Group is a leading global tier 1 automotive supplier with 21 locations worldwide. Headquartered in Ostfildern, Germany, BOS has a workforce of 7,000 and develops, manufactures and markets innovative systems and components, particularly for vehicle interiors. Its products include luggage cover systems, cargo management systems, sun protection systems and safety restraining nets. In recent years, BOS has expanded its product portfolio to include fast-growing areas such as panoramic roof systems as well as roof and rear carrier systems.
The ESSVP IV funds advised by Orlando Management AG invest primarily in market-leading industrial companies headquartered in the German-speaking countries and Scandinavia.
Noerr regularly assists private equity funds advised by Orlando Management on investments and on implementing investment strategies and divestments, particularly in the field of special situations. These include the acquisition and sale of Buderus Guss, StockachAlu, Oetinger or the sale of Beinbauer Group to H.I.G. Capital.
Advisors to the ESSVP VI funds advised by Orlando Management: Noerr Partnerschaftsgesellschaft mbB
Dr Georg Schneider (team lead, Private Equity), Dr Florian-Felix Marquardt (Tax), Dr Torsten Wehrhahn (Finance), Dr Manuel Weiß (Private Equity)