Rantum Capital provides a loan to a company in the real estate sector as part of a succession plan
Rantum Private Debt Fund II has supported the succession planning of a leading German company in the real estate sector by providing loan financing. The purchaser of the shares is a renowned industry strategist with a family background who, through the acquisition, is expanding into a new geographic market area in a complementary manner while at the same time being able to draw on his established competencies in further development. The selling family entrepreneur will retain a significant stake in the company and will continue to contribute his outstanding expertise for the benefit of the company.
Dr. Dirk Notheis, Managing Director of Rantum Capital, commented: “Both the acquirer and the target company are known to us as highly competent family entrepreneurs. Both companies have excellent market access, an excellent long-term track record, and the right cultural fit. Rantum is confident in the track record and proud to be a partner of this merged market leader.”
Kirkland & Ellis (Wolfgang Nardi and Fabrice Hipp) served as legal advisors to Rantum Capital.