Norderstedt/ Munich/Frankfurt am Main — The private equity company Riverside Europe Partners LLC (Riverside) has acquired a stake in TOOLPORT GmbH. Riverside was advised by Allen & Overy LLP on the financing of the transaction.
The financing included a unitranche and super senior term loan financing provided by funds advised by Apera Asset Management and by Joh. Berenberg, Gossler & Co. KG was provided.
TOOLPORT, based in Norderstedt, Germany, is the leading online supplier of professional tents and related accessories and spare parts in Europe, offering its products through seven country-specific online stores. The partnership with Riverside gives the company the opportunity to implement its ambitious international growth strategy.
About Riverside
Riverside is a global private equity firm focused on investing in growing companies with enterprise values of up to $400 million. Since its founding in 1988, Riverside has been involved in more than 600 transactions. The company’s international portfolio includes more than 100 investments.
Advisor Riverside: Allen & Overy
Partner Dr. Astrid Krüger and Associate Tobias Hugo (both Lead, Corporate/M&A and Private Equity, Munich), Partner Thomas Neubaum and Counsel Dr. Mark Hallett (both Lead Financing, Banking and Finance, Frankfurt), Partners Dr. Börries Ahrens (Antitrust, Hamburg), Dr. Michael Ehret and Dr. Heike Weber (both Tax, Frankfurt), Senior Associates Heiner Mecklenburg (Antitrust, Hamburg) and Dr. Sebastian Schulz (employment law, Frankfurt), associates Melissa Baudewig (IP, Düsseldorf), Sven Bischoff (tax law, Frankfurt), Louisa Drewniok (banking and finance law, Frankfurt), Catharina Glugla (data protection, Düsseldorf), Jonas Hamm (corporate/M&A, Hamburg), Simon König (real estate law, Frankfurt) and Dr. Lisa Müller (employment law, Frankfurt).