Hoche Avocats, Heuking Kühn Lüer Wojtek, AKD Benelux Lawyers and DORDA Rechtsanwälte GmbH advised Sterne. Dechert advised Special Situations Venture Partners III on the deal.
Special Situations Venture Partners III (SSVP III) executed its sale of nox NachtExpress to Groupe Sterne by way of an auction process.
Originally acquired by SSVP III in 2016, nox NachtExpress is a leading European provider of express delivery services with market presence in Germany, Austria, and Benelux regions. The company operates more than 20 warehouses throughout Germany, employs around 1,000 people and delivered 280 million euros of turnover. SSVP III focuses on special situation investments across Europe and is advised by Orlando Management.
The Hoche Avocats team included Jean-Luc Blein (Picture), Jennifer Pernet, Amandine Doury.
The Heuking Kühn Lüer Wojtek team included Dr. Helge-Torsten Wöhlert.
The AKD Benelux Lawyers team included Valery Schaap.
The DORDA Rechtsanwälte GmbH team included Lukas Hermann.
The Dechert team that advised SSVP III included Munich-based private equity/corporate partners Giovanni Russo and Dominik Stühler, with associates Florian Leitsbach, Sonja Feser, Alexa Serafin and Philipp Schöfer; Luxembourg-based private equity/corporate partners Jean-Louis Frognet and Laura Rossi, with associate Aurélien Martinot; and Frankfurt-based antitrust/competition partner Clemens Graf York von Wartenburg, with associate Thirith von Döhren.
Involved fees earner: Valéry Schaap – AKD; Clemens Graf York von Wartenburg – Dechert; Sonja Feser – Dechert; Jean-Louis Frognet – Dechert; Florian Leitsbach – Dechert; Aurélien Martinot – Dechert; Laura Rossi – Dechert; Giovanni Russo – Dechert; Philipp Schöfer – Dechert; Alexa Serafin – Dechert; Dominik Stühler – Dechert; Thirith von Döhren – Dechert; Lukas Herrmann – DORDA ; Helge-Torsten Wöhlert – Heuking Kühn Lüer Wojtek; Jean-Luc Blein – Hoche Société d’Avocats; Amandine Doury – Hoche Société d’Avocats; Jennifer Pernet – Hoche Société d’Avocats;