Newsroom Categories: Press release

  • McDermott Advises REInvest on Acquisition of Two Historic Building Complexes in Leipzig

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises REInvest on Acquisition of Two Historic Building Complexes in Leipzig

    June 21, 2023

    Read time: 3 min

    Frankfurt, June 21, 2023 – McDermott Will & Emery advised Luxembourg-based asset and investment specialists REInvest Asset Management on the acquisition of Reclam-Carrée and Städtisches Kaufhaus in Leipzig, Germany. REInvest is acquiring both properties for a major German insurance company from a property company held by a family office based in Switzerland.

    For the two historic building complexes at Inselstrasse 22 and Neumarkt 9 modern utilization concepts are planned. The Reclam-Carrée, built in the 19th century as a publishing house and printing plant, has 20,000 square meters of rental space and is almost fully let. The listed Städtisches Kaufhaus has a total rental space of just over 22,000 sqm, and also has anchor tenants with long-term leases.

    REInvest Asset Management S.A. was founded in 2017 in Luxembourg and today manages and develops real estate assets worth more than €2.3 billion in 13 European countries. To date, the company has completed over 210 real estate transactions with a volume of more than €4.85 billion.

    The McDermott team advising REInvest was led by partner Dr. Maximilian Clostermeyer and comprised partners Frank Müller and Dr. Heiko Kermer as well as associates Tina Knecht, Elena Platte, LLM and Hannah Henseling.

    About Us

    Frank Müller

    Partner

    Frankfurt

    Dr. Heiko Kermer

    Partner

    Frankfurt

    Tina Happ

    Associate

    Frankfurt

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  • McDermott’s Joseph Evans and Kate McDonald Recognized as Law360 Rising Stars

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott’s Joseph Evans and Kate McDonald Recognized as Law360 Rising Stars

    June 20, 2023

    Read time: 3 min

    New York/Washington, DC (June 20, 2023) – International law firm McDermott Will & Emery is pleased to announce that partners Joseph (Joe) B. Evans and Kate McDonald have been named Law360 Rising Stars for their work in the areas of FinTech and Health Care, respectively.

    As co-head of McDermott’s FinTech & Blockchain Practice and head of Crypto Litigation and Regulatory Defense, Joe leads the industry’s only crypto-exclusive team whose members spend 100% of their time serving the crypto industry. He represents companies and individuals in all aspects of crypto and blockchain-related legal matters, spanning from defending government investigations, pursuing cutting-edge crypto litigation, obtaining money transmitter and other state licenses, and advising on initial coin offerings.

    Kate serves as Partner-in-Charge of the Healthcare practice in Washington, DC, and represents clients across the healthcare industry on complex regulatory matters and high-stakes mergers and acquisitions, affiliations and other investments. Kate is regularly called on by health plans, provider organizations, technology start-ups, private equity funds, retailers and other clients to benchmark risks, solve regulatory challenges and structure transactions, particularly those that involve federal and state healthcare programs.

    Law360’s Rising Stars series recognizes lawyers under 40 whose legal accomplishments within their respective disciplines transcend their age. You can view the full list of honorees here.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Joseph B. Evans

    Partner

    New York – One Vanderbilt Avenue

    Kate McDonald

    Partner

    Washington, DC

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  • McDermott Represents A.M. Castle & Co. in its Sale to MiddleGround Capital

    McDermott Represents A.M. Castle & Co. in its Sale to MiddleGround Capital

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents A.M. Castle & Co. in its Sale to MiddleGround Capital

    June 16, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented A.M. Castle & Co., a leading provider of metals, services and supply chain solutions serving industrial and aerospace customers, in its sale to MiddleGround Capital, an operationally focused private equity firm that makes control investments in middle market manufacturing B2B industrial and specialty distribution companies globally.

    The McDermott deal team was led by Eric Orsic, Ann Marie Brodarick and Ryan Forman and included Greg Heltzer, Ty Carson, Alex Farr, Dino Ilievski, Patrick Ryan, Dan O’Neil, Brian Mead, David Saunders, Sarah Bro, David Levine, Jacob Hollinger, Stephane Dionnet, Sabine Nauges and Deniz Tschammler.

    The McDermott finance team was led by Kathy Schumacher and Adnan Qazi.

    Read the press release.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Eric Orsic

    Partner

    Chicago

    Ann Marie Brodarick

    Partner

    Chicago

    Ryan Forman

    Associate

    Miami

    Gregory E. Heltzer

    Partner

    Washington, DC

    Timothy (Ty) Carson

    Counsel

    Washington, DC

    Brian Mead

    Partner

    Chicago

    David P. Saunders

    Partner

    Chicago

    Sarah Bro

    Partner

    Orange County, Los Angeles

    David J. Levine

    Senior Counsel

    Washington, DC

    Jacob Hollinger

    Partner

    New York – One Vanderbilt Avenue

    Stéphane Dionnet

    Partner

    Brussels

    Sabine Naugès

    Partner

    Paris

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  • McDermott advises DBAG on Successful Closing of the Sale of BTV Multimedia

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott advises DBAG on Successful Closing of the Sale of BTV Multimedia

    June 15, 2023

    Read time: 3 min

    Munich, June 13, 2023 – McDermott Will & Emery has advised DBAG ECF III, a fund managed by Deutsche Beteiligungs AG (DBAG), on the successful closing of the sale of its shares in BTV Multimedia GmbH.

    The shares in BTV Multimedia previously held by the fund DBAG ECF III were acquired by French ETC Group, which is majority-owned by Cinven. For DBAG ECF III, the transaction marks the first sale of a management buy-out from its portfolio.

    BTV Multimedia is a leading provider of equipment and services for broadband telecommunications in Europe. The BTV group companies include ANEDiS, braun teleCom, DKT, Fionis, Holm, Pott and STW.

    At DBAG, Matthias Döll and Carolin Keferstein oversaw the legal aspects of the transaction.

    The McDermott team was led by partner Holger H. Ebersberger and comprised partner Hanno M. Witt as well as associates Sebastian Gerstner and Manuel Weiß.

    About Us
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  • McDermott Advises Martis Capital On Oversubscribed Fourth Fund Totaling $779 Million

    McDermott Advises Martis Capital On Oversubscribed Fourth Fund Totaling $779 Million

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Martis Capital On Oversubscribed Fourth Fund Totaling $779 Million

    June 12, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Martis Capital, a healthcare-focused private equity firm, in the formation of its fourth fund, Martis Partners IV, with $779 million in capital commitments, exceeding its target of $700 million.

    Based in San Francisco and Washington, DC, Martis Capital is a founder-friendly capital partner for growth-oriented healthcare companies. Since 2011, Martis Capital has raised more than $2.1 billion from a global base of institutional clients to invest in the middle-market North American healthcare sector.

    The McDermott team was led by partner Ian Schwartz, head of the Firm’s Investment Funds Group, and included partners David Nestler and Prem Amarnani and associates Brittany Esser and Lauren Dehasque. Partners Alejandro Ruiz and Kevin Hall and associate Kwabena Yeboah advised on tax matters. Partner Todd Solomon advised on ERISA matters.

    The Investment Funds Group at McDermott is a global leader in representing investment fund sponsors and institutional investors and provides sophisticated counsel to its clients across the full spectrum of investment fund issues and transactions. The Investment Funds Group is embedded in McDermott’s global private equity practice with attorneys who serve as lead counsel to institutional investors and investment funds through their full lifecycle.

    Read Martis Capital’s press release.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Ian M. Schwartz

    Partner

    New York – One Vanderbilt Avenue

    David Nestler

    Partner

    New York – One Vanderbilt Avenue

    Prem Amarnani

    Partner

    New York – One Vanderbilt Avenue

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  • McDermott Recognized for Excellence in Client-Service, Responsiveness and Understanding Clients’ Needs in Legal 500 US 2023

    AWARDS & RANKINGS / PRESS RELEASE

    McDermott Recognized for Excellence in Client-Service, Responsiveness and Understanding Clients’ Needs in Legal 500 US 2023

    June 12, 2023

    Read time: 4 min

    CHICAGO (June 12, 2023) – International law firm McDermott Will & Emery is proud to announce that it continues to be recognized as one of the leading firms by Legal 500 US 2023 with 47 practice rankings, including six in Tier 1 and 11 in Tier 2. This year the Firm moved up in seven practice categories and gained six new rankings.

    The Firm received 210 lawyers recommended recognitions, 62 of these were recommended for the first time and 35 lawyers received special rankings in “Hall of Fame,” “Leading Lawyers,” “Next Generation Partners” and “Rising Stars” categories.

    Notable rankings from The Legal 500 US 2023 include:

    Tier 1 Rankings:

    • Healthcare: Health Insurers
    • Healthcare: Life Sciences
    • Healthcare: Service Providers
    • Media, Technology and Telecoms: Outsourcing
    • Tax: US Taxes: Contentious
    • Tax: US Taxes: Non-Contentious

    Tier 2 Rankings:

    • Dispute Resolution: Product Liability and Mass Tort Defense (Toxic Tort)
    • Employee Benefits and Retirement Plans: Transactional
    • Employee Benefits and Retirement Plans: Design
    • Energy Regulation: Electric Power
    • Energy: Renewable/Alternative Power
    • Immigration
    • Insurance: Advice to Insurers
    • Intellectual Property: Trademarks Non-Contentious
    • M&A: Middle-Market ($500m-999m)
    • Tax: Financial Products
    • Tax: International Tax

    Leading Lawyers:

    ‘Leading Lawyers’ are defined as true market leaders, with long-established reputations in their sector.

    Hall of Fame:

    ‘Hall of Fame’ recognition for lawyers who have been listed as ‘Leading Lawyers’ for six or more years.

    Next Generation Partner:

    ‘Next Generation Partner’ are lawyers with (generally) five years or fewer at partner level.

    Rising Stars:

    ‘Rising Stars’ are defined as associate-level lawyers.

    To view the full Legal 500 US 2023 rankings click here.

    About Legal 500 US

    The Legal 500 organize the rankings into a single national ranking. The Legal 500 is a guide with emphasis on teams practice area rankings, not individuals, Legal 500 do not rank individual lawyers. Legal 500 highlight certain key individuals within the editorial paragraphs, but the principal aim is to provide a snapshot of the market based on assessment of the overall strength and depth of a practice group. The website www.legal500.com has 4 million unique individual users each year, including 2.5 million corporate counsel.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

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  • McDermott Advises Main Capital Partners on Sale of Cleversoft to LLCP

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advises Main Capital Partners on Sale of Cleversoft to LLCP

    June 12, 2023

    Read time: 3 min

    Frankfurt, June 12, 2023 – McDermott Will & Emery has advised Main Capital Partners on the sale of RegTech software provider Cleversoft to Levine Leichtman Capital Partners (LLCP).

    Main Capital Partners invested in Cleversoft in 2018. In the following years, Cleversoft developed from a company focused on the DACH region to a leading provider of regulatory software for financial institutions across Europe. During the investment period, Cleversoft’s revenue more than tripled.

    Founded in 2004, Cleversoft evolved into a leading software specialist in the RegTech market, serving globally-acting banks, asset managers, and insurers.

    Levine Leichtman Capital Partners is a middle-market private equity firm that currently manages $9.3 billion in assets and has offices in Los Angeles, New York, Chicago, Charlotte, Miami, London, Stockholm, The Hague and Frankfurt.

    The strategic investor Main Capital Partners focuses on investments in the enterprise software sector in Benelux, DACH and Scandinavia. The company manages assets of around €2.2 billion.

    The team around partners Norman Wasse and Dustin Schwerdtfeger has already advised Main Capital Partners many times on transactions and financings. The McDermott team was led by partner Norman Wasse and included partners Dustin Schwerdtfeger, Deniz Tschammler, Christian Masch, Edward A. Gordon, Heiko Kermer, counsel Marcus Fischer as well as associates Marion von Grönheim, Lisa Schickling, Alexandra Heberle and Simon Apelojg.

    About Us

    Dustin Schwerdtfeger

    Partner

    Düsseldorf

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  • McDermott Represents Children’s Hospital Of Orange County In Joint Pediatric Heart Program With UCLA Health

    McDermott Represents Children’s Hospital Of Orange County In Joint Pediatric Heart Program With UCLA Health

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Represents Children’s Hospital Of Orange County In Joint Pediatric Heart Program With UCLA Health

    June 9, 2023

    Read time: 3 min

    International law firm McDermott Will & Emery represented Children’s Hospital of Orange County (CHOC), a preeminent pediatric hospital in Southern California, in a cardiology affiliation with UCLA Health. The combined affiliation will establish a joint pediatric heart program that will become a leading destination for diagnosing and treating the full spectrum of congenital and acquired heart disease.

    The affiliation will accomplish the vision of “one heart program offered at two sites” to provide pediatric patients with the right care in a location that is most convenient for them. It also plans to attract the nation’s top pediatric cardiology experts and advance cardiology innovation, research and education for the benefit of children for generations to come.

    The McDermott team was led by Jim Owens and Tomer Konowiecki with assistance from Megan Rooney.

    Read CHOC’s press release.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Tomer Konowiecki

    Partner

    Los Angeles

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  • McDermott Advise Biocorp Production SA on its Proposed Acquisition by Novo Nordisk A/S

    DEAL ANNOUNCEMENT / PRESS RELEASE

    McDermott Advise Biocorp Production SA on its Proposed Acquisition by Novo Nordisk A/S

    June 8, 2023

    Read time: 3 min

    McDermott Will & Emery advised Biocorp Production SA, a French company listed on Euronext Growth which specializes in the design, development and manufacturing of delivery systems and innovative medical devices, including Mallya, a Bluetooth enabled smart add-on device for pen injectors, on its proposed acquisition by Novo Nordisk A/S.

    Both companies have entered into exclusive negotiations for a controlling stake in Biocorp, which would be followed by a mandatory simplified tender offer on all remaining outstanding shares in Biocorp at a price of EUR 35 per share in cash, representing a total equity value of approximately EUR 154 million.

    About Us

    McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

    Henri Nalbandyan

    Associate

    Paris

    Sabine Naugès

    Partner

    Paris

    Abdel Abdellah

    Counsel

    Paris

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  • SRZ Advised ClearAlpha Technologies on Launch of Flagship Fund

    SRZ Advised ClearAlpha Technologies on Launch of Flagship Fund

    PRESS RELEASE

    SRZ Advised ClearAlpha Technologies on Launch of Flagship Fund

    June 7, 2023

    Read time: 2 min

    Schulte Roth & Zabel advised ClearAlpha Technologies on the launch of its flagship fund, Niche Plus.

    ClearAlpha Technologies is a new multi-manager multi-strategy hedge fund. According to Co-Founder and CIO Brian Hurst, “[w]e’re focusing on what we call niche alpha strategies, which are going to be off the beaten path.”

    The SRZ team was led by partners David Nissenbaum and Elie Zolty, special counsel David Lifshitz and associate Alex Borgen. The team included partners Christopher Avellaneda, Allison Scher Bernbach, David Cohen, David Griffel, Alex Kim, Kelly Koscuiszka and Heather Wyckoff; and associates Michael Jaroslawicz, Sasha O’Leary, Lillian Roberts and Matt Wager.

    About Us

    David Nissenbaum

    Partner

    New York – 919 Third Avenue

    David Lifshitz

    Partner

    New York – 919 Third Avenue

    Christopher S. Avellaneda

    Partner

    New York – 919 Third Avenue

    David M. Cohen

    Partner

    New York – 919 Third Avenue

    David S. Griffel

    Partner

    New York – 919 Third Avenue

    Kelly Koscuiszka

    Partner

    New York – 919 Third Avenue

    Michael S. Jaroslawicz

    Partner

    New York – 919 Third Avenue

    Sasha O'Leary

    Special Counsel

    London – One Eagle Place

    Lillian H. Roberts

    Associate

    New York – 919 Third Avenue

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