Hengeler Mueller advises Centerbridge on investment in auxmoney

03. September 2020

The private equity firm Centerbridge Partners Europe, LLP ("Centerbridge") has agreed to acquire a majority stake in German digital lending marketplace auxmoney.

To date, the transaction is the largest Fintech funding round in the Euro-zone in 2020. Centerbridge is participating in a EUR 150 million capital increase at the Düsseldorf-based group and is additionally acquiring stakes from incumbent shareholders.

The transaction is subject to approval of antitrust and foreign trade authorities.

Hengeler Mueller advises Centerbridge on the transaction. The team is led by partners Dirk Bliesener (M&A, Banking & Finance, Frankfurt) and Jens Wenzel (Venture Capital, M&A, Berlin) and includes partners Alf-Henrik Bischke (Antitrust, Düsseldorf), Jan Bonhage (Public Law, Berlin), Frank Burmeister (M&A, Frankfurt), Markus Ernst (Tax, Munich) and Christian Hoefs (Employment, Frankfurt), counsel Christian Häußer (Employment) and Jan L. Steffen (Banking & Finance) (both Frankfurt) as well as associates Maike Hölty (Venture Capital, M&A, Berlin), Sebastian Adam (Tax), Maximilian Alter (Banking & Finance) (both Frankfurt), Carsten Bormann (Public Law), Christian Dankerl (Antitrust) (both Düsseldorf), Henning Hilke (Banking & Finance, Frankfurt), Clemens Höhn (Venture Capital, M&A, Berlin), Erasmus Hoffmann, Charlotte Riemann (both Public Law, Berlin), Christoph Roggemann (Banking & Finance, Frankfurt), Tobias Schilling (M&A, Berlin) and Gerrit Tönningsen (Banking & Finance, Frankfurt).