Baker McKenzie advised Kreissparkasse Biberach and Oldenburgische Landesbank Aktiengesellschaft (OLB) in their capacities as mandated lead arrangers and lenders on the financing of the acquisition of DEKOM AG and its subsidiaries by VR Equitypartner and Süd Beteiligungen. Nordic Trustee acted as agent and security agent.
Kreissparkasse Biberach is a member of the Sparkassen-Finanzgruppe. The bank is owned by the district of Biberach with approximately 900 employees in about 40 branches. OLB, headquartered in Oldenburg, is a financial institution operating under the two brands OLB Bank and Bankhaus Neelmeyer.
With over 25 years of experience, more than 200 employees and over 6,000 clients, DEKOM is leading international IT systems provider specialising in customised audiovisual conferencing and collaboration solutions with locations across Europe – including Germany, Spain, the Netherlands, Belgium, Switzerland and USA. The shared vision of DEKOM, VR Equitypartner and Süd Beteiligungen is to further strengthen DEKOM’s leading position in the European market for audio and video technology, leveraging megatrends such as ESG and AI, and to enter new growth markets.
VR Equitypartner is a subsidiary of DZ BANK and one of the leading private equity companies in Germany, Austria, and Switzerland. The company supports family-owned SMEs in a target-driven manner and brings decades of experience in finding strategic solutions to complex financing issues. Investment initiatives include growth and expansion financing, corporate succession, and shareholder changes.
Süd Beteiligungen ist a subsidiary of Landesbank Baden-Württemberg and supports SMEs in Germany with equity and equity-like solutions for over 50 years.
The Baker McKenzie leveraged finance team in Germany regularly advises private equity sponsors, banks and direct lenders on all types of (leveraged) acquisition financings, refinancings and financial restructurings and is awarded as “Up and Coming” by the Chambers Global and European Guides 2024, “Frequently recommended” by JUVE (2024) and enjoys various other recent recognitions.
