Chambers Europe 2009

P+P is mentioned as a leading firm in corporate/M&A, investment funds, private equity, real estate and tax. Leading individuals include Munich partners Matthias Bruse, Reinhard Pöllath (both M&A and private equity), Benedikt Hohaus (M&A), Michael Best, Richard Engl (both tax), as well as Berlin partners Matthias Durst (real estate) Thomas Töben (tax) and Andreas Rodin (tax). In addition, Andreas Rodin belongs to the star individuals for his expertise in investment funds fund formation.
In particular, P+P is "highly respected in the market for its involvement in private equity matters and for its adeptness in the fund structuring business" as well as "…providing advice to large family-owned businesses on both a transactional and a corporate/commercial level". P+P founding partner Matthias Bruse is a "vastly experienced" practitioner and name partner Reinhard Pöllath is well-known for his advice to supervisory boards but also for his "commercial advice to some of the most prominent individuals in the German Mittelstand".
In the investment funds practice, Frankfurt partner Andreas Rodin is known as "a tireless technocrat with an extraordinary reputation to go with his knowledge of private equity fund structures". The P+P investment team is "principally reputed for its vast expertise in private equity and alternative investment funds …[and] proclaimed by clients and peers as 'one of the market leaders in terms of structuring and formation of regulated funds.' Enjoying an enviable relationship with a number of institutional clients, this team is active in both domestic and international funds, with a particularly close link to 'best friends' in Luxembourg."
In private equity matters, the "accomplished private equity team is a favorite of the German Mittelstand, and also plays a role at the higher end of the market… the team claims dominance in advisory work at a managerial level for companies in the process of being traded." In particular, Munich partner Benedikt Hohaus "has achieved a prominent position in this niche … as 'an experienced and hard-working adviser', whereas his colleague "Matthias Bruse is the team's heavy hitter on the transactional side … as a … polished negotiator with outstanding technical skill." Although Reinhard Pöllath "is devoting a lot of his time to the representation of prominent families and family businesses in Germany … [he] upholds his reputation as an invaluable resource for the team".
P+P's real estate practice "draws plaudits for its work advising property management companies on transactional matters. The group continues to broaden its real estate practice under the astute leadership of Matthias Durst, whose hard work and dedication earn him praise."
The strong tax team has a reputation "for its expertise in transaction-related advice, especially in the private equity and real estate sectors." P+P is renowned for its "capacity to integrate tax advice with fund formation strategies to come up with an effective unitary model. In this respect, star fund formation adviser Andreas Rodin has garnered a fabulous reputation for his immensely versatile knowledge of tax-related legislation", whereas Berlin partner "Thomas Töben deals more directly with the transactional aspects of the practice, particularly in the real estate arena. … In private equity, Michael Best is a visible presence in the Munich market." Additionally, Richard Engl's presence in Munich is "an important move that is bound to boost an already successful team. Engl will focus on the corporate tax area, where he brings vast knowledge and experience."