April 21, 2008
AXA Private Equity acquires majority stake in Löwen Play Group from Dutch investor Waterland Private Equity Investments.
On April 18, it was announced that Willkie client AXA Private Equity acquired a majority stake in Löwen Play Group from Dutch investor Waterland Private Equity Investments. Headquartered in Bingen, Löwen is the second largest amusement arcade operator in Germany with 215 arcades and 2007 revenues in excess of €85 million. Willkie successfully completed the deal on behalf of funds advised by AXA Private Equity in its first deal in Germany. The Willkie team, led by partner Mario Schmidt and national partner Dr. Stefan Jörgens, comprised national partners Rolf Hünermann and Valerian Jenny; and associates Dr. Markus Käpplinger, Ingo Bednarz, Octávio de Sousa, Ole Oldenburg, Frank Geissler, Heidi Landauer, Rouven Redeker.