Willkie advised A.S.Adventure Group, a portfolio company of private equity fund PAI Partners, in its agreement to acquire McTREK from YEAH! AG.
On August 12, it was announced that Willkie client A.S.Adventure Group, a portfolio company of PAI Partners, had agreed to acquire McTREK from YEAH! AG. The transaction is subject to antitrust approval.
A.S.Adventure Group, a specialty retailer of outdoor equipment and clothing, is currently active in six countries, with a total turnover of more than EUR 500 million.
McTREK is a successful outdoor retailer in Germany with 39 stores and a fast-growing web shop, with a total turnover of more than EUR 50 million. The founder and CEO of McTREK, Ulrich Dausien, was also the founder of Jack Wolfskin, a producer of outdoor wear and equipment.
The Willkie deal team was led by Dr. Axel Wahl and Mario Schmidt (both Corporate & Financial Services, Frankfurt) and included Susanne Zuehlke (Antitrust & Competition, Brussels), Dr. Bettina Bokeloh (Tax) and Dr. Christian Rolf (Executive Compensation & Employee Benefits, both Frankfurt) as well as associates Johannes Eckhardt, Adrian Dengler, Dr. Stefan Bührle, Lukas Nein (all Corporate & Financial Services) and Tim Bulian (Executive Compensation & Employee Benefits, all Frankfurt).