Secondary: HgCapital acquires MeinAuto
Frankfurt/Main- Shearman & Sterling has advised the existing shareholders of MeinAuto GmbH, including Holtzbrinck Ventures GmbH, Global Founders Capital GmbH & Co Beteiligungs KG Nr. 1, Vorwerk Direct Selling Ventures GmbH and Mr. Nicolas Leutwiler, on the sale of their shares to the British investment company HgCapital.
MeinAuto GmbH is the leading Internet new car broker in Germany with MeinAuto.de. As a pioneer in the field of online new car sales, the Cologne-based company has developed from an up-and-coming start-up to an established player in the industry since its founding in 2007. Today, the portal registers over 16 million website visitors annually and cooperates with over 9,000 automobile dealers throughout Germany.
The Shearman & Sterling team, led by Dr. Alfred Kossmann, included associates Dr. Aliresa Fatemi and Evelin Moini (all Frankfurt-Mergers & Acquisitions). In addition, partner Simon Burrows (London-Mergers & Acquisitions), counsel Dr. Mathias Stöcker (Frankfurt-Antitrust) and Dr. Anders Kraft (Frankfurt-Tax) as well as associates Dr. Philipp Jaspers, Sven Oppermann and Marc Lorenz (all Frankfurt-Mergers & Acquisitions) advised on the transaction.
About Shearman & Sterling
Shearman & Sterling is an international law firm with 20 offices in 13 countries and approximately 850 lawyers. In Germany, Shearman & Sterling is represented at the Frankfurt office. The firm is one of the international market leaders in advising on complex cross-border transactions. Worldwide, Shearman & Sterling primarily advises international corporations and large national companies, financial institutions, and large mid-sized companies. For more information, visitwww.shearman.com/de.