GLNS advised FSN Capital V on the acquisition of a majority stake in MHP Solution Group, a leading provider of logistics software in the DACH region, from Elvaston Capital. The current management and Elvaston Capital will re-invest a material stake.
MHP was founded in 1999 and provides software that automates the shipping of goods and parcels. Over the past 10 years MHP has expanded into adjacent areas such as customs registration-, warehouse management-and transportation management solutions. Today it is an end-to-end provider of software along the entire logistics supply chain and services more than 3,000 customers across multiple industries.
Established in 1999, FSN Capital is a leading private equity adviser in the Northern European region. The FSN Capital Funds have invested more than EUR 1 billion in over 70 transactions. The current four active FSN Capital Funds have in aggregate EUR 2,152 million under management.
GLNS has comprehensively advised on the transaction with partners Ludger Schult (Private Equity/M&A), Tobias Nikoleyczik (Private Equity/M&A), Anselm Lenhard (Finance), Andreas Scheidle (Tax) as well as Counsel Daniel Epe and Associates Eva-Maria Bayer, Nadja Crombach and Eva Maier (all Corporate/M&A).
GLNS was supported by Leo Schmidt-Hollburg Witte & Frank (Hamburg) in the fields of IP/IT and data protection with partner Hartwig Schmidt-Hollburg and counsel Stefan Hennigs and in employment law by partner Tom Frank and counsel Lars Behn.
For the Spanish part Cuatrecasas (Barcelona) assisted with partner Kai Fischer and others. Merger control was handled by Buntscheck (Munich) with partner Andreas Boos.
P+P Pöllath + Partners (Munich) acted for the sellers (Dr. Tim Kaufhold et al). The transaction was notarized by notary public Sebastian Herrler (Munich).