Great Mountain Partners buys SquareOne to build Vuelta Group

Munich — McDer­mott Will & Emery has advi­sed US private equity inves­tor Great Moun­tain Part­ners on the acqui­si­tion of SquareOne Enter­tain­ment GmbH for the newly formed Vuelta Group. SquareOne Enter­tain­ment GmbH is a film and TV produc­tion and distri­bu­tion company based in Unter­föh­ring near Munich.

The Vuelta Group is a pan-Euro­­pean company for the distri­bu­tion and produc­tion of cinema and TV projects for an inter­na­tio­nal audi­ence. The Irish-based group alre­ady includes the Danish produc­tion and distri­bu­tion company Scan­box and the French sales company Play­time, which were also acqui­red with McDermott’s support. Further acqui­si­ti­ons are plan­ned in France, Italy, Spain and the Bene­lux count­ries. All compa­nies will conti­nue to operate inde­pendently under the Vuelta Group umbrella brand in their respec­tive countries.

Great Moun­tain Part­ners (GMP), based in New Haven, USA, is a private market inves­tor with $10 billion in capi­tal. The GMP team deve­lops sector-speci­­fic macro stra­te­gies to iden­tify the poten­tial for long-term growth and returns. GMP focu­ses on compa­nies with balance sheet inten­sive assets and aims to build plat­form compa­nies in part­ner­ship with manage­ment teams. The company curr­ently offers asset manage­ment products in various indus­tries, inclu­ding media & enter­tain­ment, infra­struc­ture, trans­por­ta­tion, energy and finan­cial services.

McDer­mott advi­sed GMP with inter­na­tio­nal teams on the acqui­si­tion of all three foun­ding compa­nies of Vuelta Group. The German team was led by part­ners Dr. Phil­ipp Gren­ze­bach and Dr. Wolf­gang von Frentz.

Advi­sors Great Moun­tain Part­ners / Vuelta Group: McDer­mott Will & Emery, Düsseldorf
David Grimes (New York), Dr. Phil­ipp Gren­ze­bach , Photo ©McDer­mott (both Corporate/M&A), Dr. Wolf­gang von Frentz, Dr. Chris­tian Masch (both TMT, Munich); Asso­cia­tes: Kai Grand­pierre (Colo­gne), Sebas­tian Klein (both Corporate/M&A), Simon Apelojg (IP, Munich)