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Freshfields advises Eurazeo on financing the acquisition of Dacoso by Waterland
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Eurazeo as the financing provider in connection with a unitranche acquisition financing. The transaction concerns Dacoso Group (‘Dacoso’) which is to be acquired by the European private equity firm Waterland Private Equity. The parties agreed not to disclose any further details on the financing.
Dacoso, based in Frankfurt and founded in 2004, is an IT network integrator and provider of data security in the DACH region and focuses on managed services for optical networks, intelligent networks, and cybersecurity. At twelve locations in Germany, Austria and Switzerland, the group generates a three-digit million-euro turnover with almost 300 employees. The stakes are sold by company founders Thomas Joswig and Horst Pohl as well as the two sons Felix Pohl and Robin Pohl. All will retain a stake in the future.
The Freshfields team acted for the first time in a debt fund transaction for the private asset manager Eurazeo and consisted at its core of Partner Michael Josenhans (Lead), Associates Aleksandar Djurdjevic (both Frankfurt) and Matthis Grenzer (all Finance, Berlin) and Transaction Lawyer Sazan Isufi (Hub, Frankfurt).
About Freshfields Bruckhaus Deringer
Freshfields Bruckhaus Deringer is a global law firm. We have a long history of successfully assisting the world's leading industrial and financial companies, institutions and governments with their complex projects, transactions and challenges. Whether from our offices in the world's major business and financial centres or with leading local law firms, our more than 2,800 lawyers provide comprehensive business law advice and combine their expertise to deliver decisive legal and industry solutions for our clients.
