December 15, 2020

Willkie advised Capital Four in the financing.

On November 30, Capital Four announced a financing in support of IK Investment Partners’ acquisition of ALBA Baving Group, leading provider of infrastructure cleaning and maintenance services for municipalities and business-to-business customers in Germany. Willkie acted as legal advisor to Capital Four in the financing.

Founded in 1964 and headquartered in Neuenkirchen, Alba is an infrastructure services provider for German municipalities, offering street sweeping of more than 2,000-kilometer roads across 120 cities, sink box cleaning, road and highway maintenance and other infrastructure services. Alba's B2B segment includes construction site cleaning, winter and greenspace maintenance as well as swept material recycling services.

Capital Four is a leading credit asset management boutique that offers services to high net worth individuals and institutional investors. Capital Four was founded in 2007 and has more than €13 billion in assets under management across illiquid and liquid investment strategies within direct lending, syndicated loans, multi-asset credit, structured credit and high yield.

The Willkie team was led by partner Dr. Jasmin Dettmar, and included associates Christopher Clerihew and Stefanie Lechler.

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