Luther Rechtsanwaltsgesellschaft mbH advised the private debt team of Eurazeo in connection with a EUR 35,000,000 junior debt financing. Brockhaus Technologies AG applied the proceeds of the financing towards its acquisition of Bikeleasing group, one of the leading digital platforms for the highly automated facilitation and management of B2B leasing contracts.
Eurazeo is one of Europe’s leading private equity companies. Through its direct lending team, it provides financing for acquisitions and European SMEs valued between EUR 30 million and EUR 300 million by way of flexible senior and subordinated facilities.
Prior to this transaction, Eurazeo has already provided debt financing for several other transactions of Brockhaus Private Equity in Germany.
The banking & finance team at Luther continuously advises sponsors, borrowers and lenders on acquisition financing transactions. We are looking back on a very active and successful year 2021. Among many other projects, we were pleased to assist our clients also on the following transactions:
Established in 2015, Bikeleasing (www.bikeleasing.de) is one of the leading digital platforms for the highly automated facilitation and management of B2B leasing contracts. Through its platform, Bikeleasing currently allows over 30,000 corporate customers of the German Mittelstand to offer company bicycle leases to their more than 1.6 million employees. The complete process, from onboarding the corporate customer and the employee placing a bicycle order with a bicycle retailer, through to the management of damage events is conducted using the proprietary digital platform or mobile app. As innovation leader, Bikeleasing has since its foundation recorded strong and highly profitable growth while continuously increasing its market share.
About Brockhaus Technologies AG
Brockhaus Technologies AG is a technology group acquiring high-margin and high-growth technology champions in the German Mittelstand. With a unique platform approach and a long-term horizon, Brockhaus Technologies actively and strategically supports its subsidiaries in achieving long-term profitable growth beyond industry and country boundaries. At the same time, Brockhaus Technologies offers a gateway into these non-listed German technology champions, which are otherwise inaccessible to capital market investors.