Adagia Partners’ Acquisition of Schwind Eye-Tech-Solutions

Freshfields Bruckhaus Deringer advised Arcmont Asset Management on the deal. Deloitte advised Adagia. Weil’s Munich and Frankfurt offices advised the founder and CEO of SCHWIND eye-tech-solutions GmbH, Mr. Rolf Schwind. White & Case advised Ardian on the sale.

Adagia Partners announced the acquisition of Schwind eye-tech solutions GmbH, one of the world’s leading specialists in laser systems for the treatment of vision defects and corneal diseases.

Founded in 1958, Schwind develops, produces, and distributes an extensive and highly sophisticated range of products. These include diagnostic tools and state-of-the-art laser systems for the treatment of vision defects and corneal diseases, as well as corresponding software solutions and services. Worldwide more than 1,300 Schwind laser systems are currently installed in over 100 countries.

Schwind has invested significantly in research and development in the last years. As a result, the product range, which previously consisted of various Excimer lasers and diagnostic devices, was expanded with a specially developed intelligent Femtosecond laser system (ATOS).

Adagia Partners is a pan-European mid-market private equity firm with offices in Frankfurt and Paris. The firm was created and is owned by its Partners. The team is made of 15 professionals with international and operational background.

Ardian is a leading international private investment house managing assets of US$120 billion, with more than 800 employees working in fifteen offices, across Europe, the Americas and Asia.

The Freshfields team included Dr. Michael Josenhans (Picture – Lead; Partner), Christina Banz and Aleksandar Djurdjevic (all Finance, Frankfurt).

The Deloitte team was led by David Krüger, Transaction Services partner, supported by Sébastien Catteau working together with M&A Tax led by Clemens Petersen and supported by Axel Ortjohann.

The Weil team was led by Munich Corporate partner Dr. Barbara Jagersberger and was assisted by counsel Benjamin Rapp (Tax, Frankfurt) and associates Madleen Düdder, Maximilian Schmitt, Steffen Giolda (all Corporate, Munich), Lukas Reischmann (Tax, Frankfurt) and Mareike Pfeiffer (Employment, Frankfurt).

The White & Case team which advised on the transaction was co-led by partners Stefan Koch and Tomislav Vrabec (both Frankfurt) and included partners Martin Munz (Hamburg), Andreas Lischka (Frankfurt) and Tilman Kuhn (Düsseldorf), local partners Thyl Hassler (Düsseldorf), Lars Petersen (Hamburg) and Sebastian Stütze (Frankfurt), and associates Eojin Lie, Marco Stephan, Alexander Sansotta, Markus Fischer (all Frankfurt), Timo Heppner (Düsseldorf) and Louisa Maier-Witt (Hamburg).

Involved fees earner: David Krüger – Deloitte Tax & Legal; Clemens Petersen – Deloitte Tax & Legal; Christina Banz – Freshfields Bruckhaus Deringer LLP; Michael Josenhans – Freshfields Bruckhaus Deringer LLP; Madleen Düdder – Weil, Gotshal & Manges; Steffen Giolda – Weil, Gotshal & Manges; Barbara Jagersberger – Weil, Gotshal & Manges; Mareike Pfeiffer – Weil, Gotshal & Manges; Benjamin Rapp – Weil, Gotshal & Manges; Lukas Reischmann – Weil, Gotshal & Manges; Maximilian Schmitt – Weil, Gotshal & Manges; Markus Fischer – White & Case; Thyl Haßler – White & Case; Timo Heppner – White & Case; Stefan Koch – White & Case; Tilman Kuhn – White & Case; Eojin Lie – White & Case; Andreas Lischka – White & Case; Martin Munz – White & Case; Lars Petersen – White & Case; Alexander Domenico Sansotta – White & Case; Marco Stephan – White & Case; Sebastian Stütze – White & Case; Tomislav Vrabec – White & Case;

Law Firms: Deloitte Tax & Legal; Freshfields Bruckhaus Deringer LLP; Weil, Gotshal & Manges; White & Case;

Clients: Adagia Partners ; Arcmont Asset Management Limited; Ardian; Schwind Rolf;

Federica Tiefenthaler

Author: Federica Tiefenthaler