Kirkland & Ellis has advised Oakley Capital on the acquisition of a majority stake in Konzept & Marketing (K&M), a leading, independent Managing General Agent (MGA) in the German personal non-life insurance market.
Oakley Capital is investing alongside insurance veteran Joachim Müller (former CEO of Allianz Commercial), who will serve as future Chairman of K&M and work closely with the existing K&M management team.
The transaction is expected to complete in Q4 2024.
The Kirkland team included corporate lawyers Maximilian Liegl, Benjamin Leyendecker, Sophia Probst and Maximilian Licht.
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