Global law firm Dentons, together with Mosburg Legal, has advised the French LFPI Group on the acquisition of a majority stake in global private equity specialist HQ Capital. The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approval. The Harald Quandt family (HQ) will retain a significant long-term stake in HQ Capital. In addition to the purchase, an investment agreement was therefore also concluded.

Both parties have agreed not to disclose details of the transaction.

Paris-based LFPI Group (La Financière Patrimoniale d’Investissement) is an alternative and multi-asset manager that currently manages approximately €14 billion in assets. The Group has more than 20 years of investment expertise in real estate, private debt and private equity. Its business activities are focused on Europe and North America. Around 300 employees work for LFPI and its subsidiaries from seven offices in Europe and two offices in the US.

A cross-border Dentons team from Germany, the U.S. and Hong Kong, alongside lead M&A counsel Dr. Veit Denzer of Mosburg Legal, advised LFPI on tax, merger control and communications with regulators in Germany (BaFin) and Hong Kong (SFC) on the acquisition. In addition, Dentons advised LFPI’s largest single investor on the transaction.

Advisors to LFPI Group

Dentons (Frankfurt, Berlin, New York, Hong Kong): Dr. Volker Junghanns (Partner, Corporate/M&A, lead and coordination), Thomas Voss (Partner, Tax), Dr. René Grafunder (Partner, Competition and Antitrust), Dr. Holger Schelling (Partner, Financial Institutions Regulatory, all Frankfurt), Rich Williams (Partner, Tax, New York), Vivien Teu (Partner, Financial Institutions Regulatory, Hong Kong), Dr. Dominika Wojewska (Associate, Antitrust, Berlin).

Mosburg Legal (Wiesbaden): Dr. Veit Denzer, Lead M&A Counsel, advising on the SPA and Participation Agreement.