Arendt assisted Norvestor on its EUR 2.5 Billion continuation vehicle – Norvestor SPV III SCSp
Experts involved in the Deal
Investment Management:
- Claude Niedner
- Carl de La Chapelle
- Kamila Niespielak
- Adrien Ferron
- Pierre Zaccuri
- Olaf Gaanderse
- Sabine Klein
- Charline Vermeire
- Cosimo Bizzeti
- Frances Babbage
Corporate Law, Mergers & Acquisitions:
- Alexander Olliges
- Haider Gontier
- Paula Berke
Tax:
- Philippe Jost
- Shi-Hong Duong
- Locif Choulak
- Sophie Weyten
Finance & Capital Markets:
- Matthieu Taillandier
- Valentine Lamour
Arendt advised Norvestor as Luxembourg counsel in connection with the structuring and the first closing of its newest continuation vehicle, Norvestor SPV III SCSp (the “Fund”). The Fund raised capital commitments of approximately €2.5 billion and has acquired PHM Group Oy (based in Finland), the leading European residential property services provider and Sperre Air Power AS (based in Norway), a leading supplier of mission-critical compressed air system solutions to the global maritime and power plant industries from its predecessor vehicles, Norvestor VIII SCSp and Norvestor SPV II SCSp.
The transaction was co-led by Carlyle AlpInvest, Ardian, HarbourVest Partners and Lexington Partners. As a result of this transaction, the Fund will have available follow-on capital to support the ongoing growth and development of PHM & Sperre.
Contacts
Claude Niedner
Co-Chair, Partner
Carl De La Chapelle
Partner
Kamila Niespielak
Senior Associate
Adrien Ferron
Senior Associate
Pierre Zaccuri
Counsel
Alexander Olliges
Partner
Dr Philipp Jost
Partner
Shi-Hong Duong
Senior Associate
Sophie Weyten
Counsel