POELLATH advises Lautsprecher Teufel’s management on refinancing
The Group has been part of the French investment company Naxicap Partners (“Naxicap”) since 2018. POELLATH provided comprehensive legal advice to Lautsprecher Teufel in connection with the refinancing and the existing management participation model.
Founded in Berlin over 40 years ago, Lautsprecher Teufel is a leading European manufacturer of audio equipment and operates in the direct-to-consumer (D2C) segment. The company offers a comprehensive range of audio products in categories such as home cinema & hifi, soundbars, portables, home & living and headphones. The Group sells its products through online stores, as well as in seven flagship stores.
Leading European private equity firm Naxicap Partners has been investing in high-margin, high-growth companies with EBITDA of EUR 5 million to EUR 30 million for more than 15 years. The company’s investment team consists of 40 professionals in Germany and France and carries out investments in its home markets of France and Germany, as well as in Switzerland and the Benelux region, and subsequently assists them as partners.
POELLATH provided comprehensive legal advice to Lautsprecher Teufel’s management within the context of the refinancing and the existing management participation model with the following team:
- Dr. Benedikt Hohaus (partner, lead, management participation/private equity, Munich).
- Dr. Nico Fischer (partner, tax, Munich)
- Dr. Jens Linde (associated partner, financing, Frankfurt)
- Silke Simmer (senior associate, management participation/private equity, Munich)
