LBBW Equity Partners/goetzpartners advised the shareholders of Phönix/Strack Group on the sale to funds advised by AXA Private Equity

Corporate Finance M&A Industrials

The combination of Phönix/Strack Group’s excellent technology base and strong footprint within its clients’ industries with the widespread network and financial capabilities of AXA Private Equity is expected to form the basis for a significant growth potential in the mid term, as stated by both Lothar Fichtner, managing partner of the newly formed Phönix Group and Dirk Wittneben, managing director of AXA Private Equity.

goetzpartners CORPORATE FINANCE, in its capacity as the exclusive advisory partner of the M&A-joint venture LBBW Equity Partners between goetzpartners and Landesbank Baden-Württemberg (“LBBW”), acted as sole financial advisor to the shareholders of Phönix/Strack Group during the entire transaction process. The goetzpartners CORPORATE FINANCE project team was headed by Michael A. Goehr (Munich office). Oppenhoff & Partner, lead by Ronald Meißner, acted as legal advisor to the sellers.