Global law firm Freshfields has advised Adagia Partners (‘Adagia’), a leading European mid-market private equity firm, in connection with the financing of the acquisition by Adagia of AGN Niederberghaus & Partner (‘AGN) from Armira and its Partners. The parties agreed not to disclose any further details on the financing.

Founded in 1952 with headquarters in Ibbenbüren, North-Rhine Westphalia, AGN delivers a comprehensive range of services including general planning, project management, and technical building equipment engineering over specific asset classes (schools, hospitals, special purpose buildings such as fire stations, etc). The company primarily serves public clients (c.75% of sales). With 16 locations nationwide and a track record of over 1,000 public sector projects, AGN has established itself as a trusted partner for complex building projects and revitalization programs.

The Freshfields team was led by Partner Mario Hüther, Principal Associate Lucas Lengersdorf and Associate Aleksandar Djurdjevic, and also included Associates Valentina Niegisch and Beatrice Zobel (all Leveraged Finance, Frankfurt).