Unitranche-financing: Luther advises Idinvest Partners

Luther Rechtsanwaltsgesellschaft advised Idinvest Partners on Unitranche-financing.


Luther Rechtsanwaltsgesellschaft advised Idinvest Partners on Unitranche-financing. The proceeds of the financing were used to acquire a majority stake in GS Star, the hotel operator, through funds advised by Auctus Capital Partners AG.

Idinvest Partners is a leading independent European private equity and financing company with a focus on the European mid-cap market and provides financing for the transaction as a unit tranche. The parties have agreed not to disclose the financing volume.

Luther advises Idinvest Partners on a regular basis on transactions in Germany, most recently in September 2017 on the granting of acquisition financing for the acquisition of the AUVESY Group by funds advised by Brockhaus Private Equity.

About Idinvest Partners

Idinvest Partners is a leading European investment company focusing on the mid-market. The company was founded in 1997 as part of the Allianz Group under the name AGF Private Equity and has been independent since 2010. With more than 90 employees, Idinvest Partners currently manages assets of EUR 8.7 billion and has offices in Paris, Frankfurt, Madrid, Shanghai and Dubai.

As part of its international growth strategy, Idinvest Partners opened an office in Frankfurt in 2017 to support portfolio companies and clients in the German market. Idinvest Partners' debt solutions include unitranch, mezzanine and senior loan financing.

About GS Star

The object of GS Star GmbH is the own operation of hotels in the 2- to 3-star range, especially under the brands Hampton by Hilton, Holiday Inn, Holiday Inn Express and Super 8, as well as houses in interesting inner city locations under the own brand name ANA Art Hotels.

About Auctus Capital Partners

Auctus is the leading private equity firm for German-speaking SMEs founded by entrepreneurs. Within the scope of succession solutions, industry concepts (buy&build and corporate spin-offs), Auctus acquires a majority stake in medium-sized companies and provides capital for growth financing.

Für Idinvest Partners:

Luther, Bank- und Kapitalmarktrecht, Frankfurt am Main:

Christoph Schauenburg (Partner, Federführung)

Stefan Jokel (Associate)