Hengeler Mueller advises Aareal on partnership with Advent and on sale of 30 per cent stake in IT subsidiary Aareon
17. August 2020
Aareal Bank AG has agreed a long-term partnership with financial investor Advent International in favour of its IT subsidiary Aareon AG. Within the scope of this agreement, Aareal will sell a 30 per cent minority stake in Aareon to Advent. Closing of the transaction is subject to customary conditions, primarily related to anti-trust approvals.
Hengeler Mueller advised Aareal on the transaction. The team was led by partners Johannes Adolff (Frankfurt) and Matthias Hentzen (Düsseldorf) (both Corporate/M&A) and included partners Christian Hoefs (Employment, Frankfurt), Alf-Henrik Bischke (Antitrust) and Vera Jungkind (Public Law) (both Düsseldorf) as well as associates Marika Öry, Jan Häller (both Corporate, Frankfurt) and Carsten Bormann (Public Law, Düsseldorf).