P+P advises CIC Capital and PESCA Equity Partners on investment in Brüning Group
CIC Capital Deutschland GmbH ("CIC Capital") and PESCA Equity Partners GmbH ("PESCA Equity Partners") have acquired a significant minority stake in the Brüning Group in the course of an owner buyout. P+P advised CIC Capital and PESCA Equity Partners on the transaction.
CIC Capital is an international direct investment company owned by CM-CIC Investissement, a subsidiary of the French banking group Crédit Mutuel Alliance Fédérale for financial investments. CM-CIC Investissement offers medium-sized companies solutions in all areas of equity capital financing and has already invested in approximately 360 companies.
PESCA Equity Partners is a private company that works for a network of investors and entrepreneurs. PESCA Equity Partners invests its own capital and also private and institutional funds as equity capital in minority and majority stakes in medium-sized companies in the German-speaking region.
Brüning Group is headquartered in Fischerhude near Bremen, has approximately 200 employees and specializes in trade with bulk goods materials (e.g. pellets, timber waste and surrogate fuels). Founder and CEO Arnd Brüning remains the majority stakeholder and will continue to run the Brüning Group.
CIC Capital and PESCA Capital Partners will actively support Arnd Brüning and the management of the company on a long-term basis in the expansion into promising and new geographic markets.
P+P Pöllath + Partners advised CIC Capital and PESCA Equity Partners on all legal and tax matters with the following team:
- Philipp von Braunschweig (partner, lead, M&A/private equity, Munich)
- Nico Fischer (partner, tax law, Munich)
- Jens Linde (associated partner, financing, Frankfurt)
- Sebastian Rosentritt (associate, M&A/private equity, Munich)
- Andrea Streifeneder (associate, M&A/private equity, Munich)
- Christoph-Alexander May (associate, corporate law, Munich)
- Christoph Beigel (associate, tax law, Munich)