Hengeler and Kirkland on Bain acquisition of Apleona Group
Together with law firms Hengeler Mueller and Kirkland & Ellis, funds advised by PAI Partners are selling Apleona Group, a European real estate provider of integrated facility management based in Neu-Isenburg near Frankfurt. The buyers are a consortium led by Bain Capital’s Private Equity team in Europe. The transaction is subject to customary closing conditions and regulatory approvals.
Under PAI’s ownership, Apleona has grown significantly and reached 4 billion euros in revenue for the first time in 2024. The company is expanding its European platform and driving the digital transformation of its services, for example by investing in data and AI-based control systems for heating, ventilation and air conditioning systems and predictive maintenance of building technology. In support of this strategy, Apleona has acquired and successfully integrated 14 strategic acquisitions in Europe, including the transformational acquisition of Gegenbauer Group in 2023.
The Hengeler Mueller team for PAI Partners included M&A lawyers Daniel Möritz (PICTURED LEFT), Ingo Berner, Emanuel Strehle, Lisa Hoegen, Constantin Alexander Wegener, Christoph Roth, Jennifer Hoffmann, Daniel Omasreiter, Alexander Bömer, Maximilian Mayer, Sophie Zeidler, Susanne Marie Struth, Lennard Wilksen; employment lawyers Hendrik Bockenheimer, Musa Müjdeci, Selina Rohr, Andreas Kaletsch, Kira Fritsche; IP/IT lawyers Matthias Rothkopf, Patrick M. Schmidt, David Rüther; public law lawyers Jan D. Bonhage, Nikolaus Wallraf, Philipp Hentrich, Kevin Marschhäuser; antitrust lawyers Sarah Milde, Christian Dankerl; and tax lawyers Sebastian Adam, Gunther Wagner, Jan Henry Adami.
The Kirkland team for Bain Capital included transactional lawyers Benjamin Leyendecker (PICTURED RIGHT), Philip Goj, Johannes Rowold, Marcus Commandeur, Friedrich Focke, Sophia Probst, Maximilian Licht, Carl Grupe and Chiara Schmid; antitrust & competition lawyers Alasdair Balfour, Samantha Jones, Loukia Kopitsa and James Donald; debt finance lawyers Christopher Shield, Sam Sherwood, Jerome Hoyle, Fabrice Hipp, Barbara Dunkel, Ben Egan and Benjamin Lewis; and tax lawyers Michael Ehret and Florian Schütte.
