Dr. Axel Wahl is a partner in the Corporate & Financial Services Department, focusing on cross-border and national mergers and acquisitions, joint ventures and private equity/venture capital transactions.  In this role Axel has represented financial investors as well as corporate clients.  He further advises the management of companies in transaction situations as well as in general corporate matters.

Axel is fluent in German and English.


Prior to joining Willkie, Axel worked for another international law firm.

  • “Kein Neugläubigerschaden des Vermieters infolge Insolvenz-verschleppung bei Überlassung des Mietobjekts vor Insolvenz-reife“, EWiR 2014, p. 277 (co-author Christina Mann)
  • “Zur Treuwidrigkeit der Aufhebung qualifizierter Mehrheitsklauseln in einer Publikumspersonengesellschaft”, EWiR 2013, p. 241 (co-author Christina Mann)
  • “Erzwungene Offenlegung von Informationen bei feindlichen Übernahmeangeboten”, CFL 2013, p. 23 (co-authors Dr. Stefan Jörgens, Christina Mann)
  • “Nichtigkeit eines Ausschließungsbeschlusses bei Beeinträchtigung des Stammkapitals durch Abfindung”, EWiR 2011, p. 537 (co-author Dr. Ludger Schult)
  • “BGH: Anwendbarkeit des Kündigungsschutzgesetzes auf GmbH-Geschäftsführer”, BB 2010, p. 2571 (co author Dr. Ludger Schult)
  • “Eigenkapitalersatzrecht der AG – Unternehmerisches Interesse auch gegeben bei Vergabe von Darlehen zur Verhinderung der Insolvenz”, GWR 2010, p. 372 (co-author Ludger Schult)
  • “Sanierungsunwillige Anleger können aus Immobilienfonds ausgeschlossen werden”, BB 2010, p. 10 (co-author Dr. Ludger Schult)
  • "BGH: Anwendbarkeit der Lehre von der fehlerhaften Gesellschaft nach Widerruf eines Gesellschaftsbeitritts aufgrund HWiG – Friz II”, BB 2010, p. 2396
  • “Die Auswirkungen des MoMiG auf abgetretene Gesellschafterdarlehensforderungen”, NZG 2010, p. 889 (co-author Dr. Thorsten Führ)
  • “Reichweite der Unterbilanzhaftung bei wirtschaftlicher Neugründung einer GmbH”, NZG 2010, p. 611 (co-author Dr. Ludger Schult)

    Axel has advised on the following significant matters:

    • Maxburg Beteiligungen III GmbH & Co. KG on the sale of its majority stake in KGS Software.
    • PSG on its $100 million investment in Sport Alliance GmbH
    • Wendel on the sale of Constantia Flexibles to One Rock Capital Partners
    • PAI Partners on the carve-out of the savory solutions business from IFF
    • Insight Partners on its Series A investment in German automated tax return provider ExpressSteuer GmbH
    • Insight Partners on its Series A investment in Leapsome GmbH
    • Blantyre Capital on its acquisition of a Frankfurt hotel and partnership with the LyvInn hotel brand
    • Insight Partners in its investments in Alasco, Moonfare, Choco Communications, Cognigy, parcelLab, Staffbase, Camunda Services, Jedox and LeanIX
    • Maxburg’s portfolio company saracus consulting Verwaltungs GmbH on its acquisition of Data Insights GmbH and Datadrivers GmbH
    • Maxburg’s portfolio company SF Technologies Verwaltungs GmbH on its acquisition of estos GmbH
    • 3i Group on its investment in MAIT GmbH, a leading provider of innovative and pioneering digital solutions in the DACH region
    • 3VC in its investment in Avi Medical GmbH
    • Maxburg Beteiligungen III GmbH & Co. KG in its acquisition of all shares in LPM Bunny Management GmbH
    • AddSecure in its acquisition of International Security Group
    • StellaGroup, portfolio company of PAI Partners, in its acquisition of DuoTherm
    • Maxburg Beteiligungen III GmbH & Co. KG in its investment in STARFACE
    • Maxburg Beteiligungen III GmbH & Co. KG on the acquisition of saracus Group
    • BBS Automation in its acquisitions of China-based ReaLead, Italy-based Team S.r.l. and Poland-based ANT Sp. z o.o.
    • BOA Group in the sale of BOA Purified Solutions & BOA Flexible Solutions to Silverfleet Capital
    • Blantyre Capital in its acquisition of Seuffer’s assets to form AST International
    • EQT Mid Market fund in its agreement to sell Avenso GmbH to LUMAS Art Editions GmbH and Avenso in its sale of WhiteWall to CEWE Stiftung & Co. KGaA
    • Ring International Holding AG on its acquisition of shares and assets of the BOA Group
    • BZ Bank Aktiengesellschaft on the acquisition of United Grinding Group
    • EQT Mid Market Europe on the acquisition of BBS Automation
    • Maxburg Beteiligungen III GmbH & Co. KG on the acquisition of KGS Software
    • Alpega Group in its acquisition of wtransnet from its founders
    • The founders of von Poll Immobilien, a leading German residential real estate agency, on the investment by Deutsche Beteiligungs AG
    • Waterland Private Equity in the sale of its interest in A-ROSA River Cruise Group to British private equity group Duke Street
    • Castik Capital in its acquisition of TenderEasy AB
    • 3i on the sale of ATESTEO, an international drivetrain testing specialist, to IHO Holding GmbH & Co. KG, a holding company of the Schaeffler family
    • A.S.Adventure Group, a portfolio company of private equity fund PAI Partners, in its agreement to acquire McTREK from YEAH! AG
    • Constantia Flexibles in the $1.3 billion sale of its Labels division to Multi-Color Corporation 
    • Castik Capital in its acquisition of the transport services unit of Wolters Kluwer
    • Castik Capital in a majority investment (by its funds) in inet, GmbH Austria
    • EQT Expansion Capital II in the sale of Internetstores Holding GmbH to SIGNA Retail
    • The shareholders of exocad GmbH in the sale of a majority stake to The Carlyle Group as well as their reinvestment
    • IK Investment Partners in the sale of Sport Group
    • Hudson’s Bay Company in its €2.82 billion cross-border acquisition of Galeria Kaufhof
    • Wendel on the €2.3 billion acquisition of Constantia Flexibles from One Equity Partner
    • SK Capital on its acquisition of BASF’s Textile Chemicals Business
    • GFI Software SA on the sale of TeamViewer
    • Insight Venture Partners on its investment in Delivery Hero Holding GmbH
    • Insight Venture Partners on its investment in HelloFresh GmbH
    • Rockwood Holdings, Inc. in the $ 1.325 billion sale of its titanium dioxide pigments and four other non-strategic businesses to Huntsman Corporation
    • Rockwood Holdings, Inc. on its $ 1.98 billion sale of CeramTec to European private equity firm Cinven
    • EQT on its acquisition of Avenso
    • TA Associates on its investment in Onlineprinters GmbH



    Higher Regional Court of Köln, Second State Exam, 2007 New York University School of Law, LL.M., 2005 Universität zu Köln, PhD, 2004 Universität zu Köln, First State Exam, 2003

    Bar Admissions

    Munich, 2008