Ashurst has advised Pemberton Asset Management as senior lender and Commerzbank as super senior lender on the financing of Luxempart S.A.'s partnership with VALEARA.
As a leading European private credit manager, Pemberton provides tailored debt solutions to European mid-market companies. In this transaction, Pemberton acted as senior lender, supporting the financing of the partnership and the strategic development of the platform.
Commerzbank supported the transaction as super senior lender. Super-senior structures in transactions of this nature provide particular stability for working capital and liquidity facilities and are a key building block in reliably underpinning growth and operational scaling.
VALEARA is a leading provider of outpatient mental healthcare services in Germany. The group treats patients across psychiatry, neurology and psychotherapy, with nearly 1,000 employees at 13 locations.
Luxempart S.A. is a listed investment company headquartered in Luxembourg with net assets of approximately EUR 2.3 billion.
Ashurst's advice to Pemberton Asset Management as senior lender was led by partner Sabrina Bremer, supported by Chris Clerihew (Counsel), Marie-Theres Recifo (Senior Associate) and Ena Kartal (Senior Transaction Lawyer).
Ashurst's advice to Commerzbank as super senior lender was led by partner Anne Grewlich, supported by Judit Körmöczi (Counsel) and Britta Freitag (Associate).
