A Gleiss Lutz team has advised H.I.G. Europe in connection with the sale of ICG Group ("ICG") to SPIE Group. The transaction is subject to clearance by antitrust authorities.
ICG was initially launched in 2021, with H.I.G. Europe's investment in Infratech, which builds complex FTTx networks on behalf of public and private German network operators. ICG subsequently acquired comcross, one of Germany's leading service providers for mobile telecommunication infrastructure. The mobile communication segment was further developed through ICG's investments in telecommunication solutions providers Schwan, Deutsche Funkbau and TripleA and telecommunication network planner DPE. Gleiss Lutz has advised H.I.G. and ICG in connection with all of the aforementioned transactions. Today, ICG has more than 700 employees in 16 locations throughout Germany, mainly, as well as in the Netherlands, and Croatia.
H.I.G. Europe is the European arm of H.I.G. Capital, one of the leading global private equity funds in the small and midcap segment. H.I.G. Capital currently manages capital of USD 60 billion. With headquarters in Miami, European offices in London, Hamburg, Madrid, Milan and Paris, and U.S. and Latin American offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, Atlanta, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specialises in providing debt and equity capital for small and medium-sized companies.
The following team of Gleiss Lutz lawyers advised H.I.G. Europe: Dr. Vanessa Rendtorff (lead, partner, Hamburg), Dr. Jan Balssen (lead, partner, Munich), Dr. Michael Knierbein (Hamburg), Maximilian Imre (all M&A, Munich), Dr. Katja Lehr (counsel), Yvonne Gerster (both Banking & Finance, both Frankfurt), Dr. Doris-Maria Schuster (partner, Hamburg), Dr. Hauke Darius Wolf (both Employment, Frankfurt), Dr. Hendrik Marchal (counsel, Tax, Hamburg), Dr. Matthias Werner (Partner), Dr. Sebastian Girschick (both IP/Tech), Dr. Manuel Klar (counsel, Data Protection), Dr. Iris Benedikt-Buckenleib (counsel, Competition/Antitrust, all Munich), Dr. Eike Bicker (partner), Christoph Ehrke (both Compliance), Konrad Discher (counsel, Real Estate, all Frankfurt), Dr. Thomas Fritsche (Public Law, Berlin).
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