McDermott advises Kartesia on the financing of Konvekta Group

McDermott Will & Schulte has advised the European specialist provider of capital solutions Kartesia on the financing of the Konvekta Group, a portfolio company of Verdane.

The financing is structured as a term loan facility in combination with an acquisition facility to support further growth and future acquisitions. It was provided by the strategies Kartesia Impact Fund (KIF) and Kartesia Senior Opportunities (KSO).

Konvekta is a leading provider of high-performance energy recovery solutions (ERS) for ventilation and air-conditioning systems. The Group employs approximately 90 staff across its core regions, DACH, USA and Asia, with its headquarters and production facility located in St. Gallen, Switzerland. The partnership between European specialist growth buyout investment firm Verdane and Konvekta exists since 2025.

Kartesia is a Luxembourg-based asset manager specializing in private corporate loans and credit financing. With a focus on small and medium-sized enterprises, Kartesia manages approximately €7.5 billion in assets.

The McDermott team was led by Ludwig Zesch and included counsel Franziska Sauer and transaction lawyer Konstantin Strobel.