Squire Patton Boggs has advised PREMIUM Equity Partners on its acquisition of a majority stake in color parts GmbH, a leading provider of high-end coatings and surface finishes in the luxury and premium segment.
The existing shareholders, managing directors Meik Jeremies and Thomas Hähnel, as well as the WMS Wachstumsfonds Mittelstand Sachsen, remain involved in the company through a substantial re-investment.
The multi-practice team advising PREMIUM Equity Partners was led by Corporate partner Robert Bastian in Frankfurt, who has been advising PREMIUM Equity Partners regularly for 15 years. The team included Dr. Marion von Groenheim and Ann-Kristin Kleine Jäger in the Corporate practice, Dr. Sandra Müller in the Intellectual Property and Technology practice, Andreas Lehmann in the Financial Services practice, Dr. Christian Bleschke in the Tax Strategy and Benefits practice, Oliver Geiss and Leska Bartnik in the Competition – Antitrust practice, and Dagmar Nolden in the Labor and Employment practice.
Founded in 2003, color parts is a leading provider of high-end coating and surface finishing solutions with state-of-the-art production facilities in Cunewalde and Kodersdorf, Saxony, Germany. The company specializes in high-quality wet painting and offers an almost unlimited color palette and a wide range of special effects. Its service offering includes applications for designer bathroom and sanitary fittings, premium switch and socket systems, luxury writing instruments, medical pen systems and luxury vehicles.
PREMIUM Equity Partners, founded in 2011, is an investment company that focuses on strong niche companies in the DACH region, providing capital for growth financing, succession solutions, and spin-offs. The investment by PREMIUM Equity Partners in color parts will support the company’s planned growth strategy.
