Ashurst advised H.I.G. WhiteHorse as lender on the financing of the acquisition of connexta by Fremman Capital. The amount of the loan remains confidential.
Connexta, based in Munich, is an IT service platform focused on Buy-and-Build for medium-sized clients throughout Germany, with strong expertise in IT infrastructure ("Core IT"), cloud solutions, and cybersecurity.
H.I.G. WhiteHorse, a direct lending subsidiary of H.I.G. Capital, provides debt financing for medium-sized companies in Europe and the USA. The product portfolio includes senior and subordinated loans, for purposes such as refinancing, financing growth, acquisitions, buyouts, and recapitalizations.
The Ashurst team, led by partner Anne Grewlich and counsel Dr Philipp Vorbeck, was supported by associate Marie-Theres Recifo and senior transaction lawyer Ena Kartal (all Global Loans, Frankfurt/Munich). Dr Susanne Knoch (Tax, Frankfurt) and Martina Rothe (Corporate, Frankfurt) also provided support in their respective areas of expertise.
Ashurst's German banking and finance practice advises banks, alternative lenders, private equity investors, and companies on domestic and cross-border acquisitions, real estate, asset, infrastructure/project financing, as well as financial restructuring and corporate lending.
