FRANKFURT/MUNICH, November 8, 2010 – The US private equity firm Levine Leichtman Capital Partners (LLCP) has acquired the business unit Luminator Technology Group (LTG) from US industrial group Mark IV. LTG, with principal business operations in the USA, Germany and Denmark, is a leading global supplier of advanced information systems and LED displays and lighting products for a wide range of applications in metropolitan and commercial transportation systems, including, rail, bus and aerospace. In Germany, LTG operates under the name Lawo and is a supplier of integrated passenger information and display systems to leading national and international bus and rail vehicle manufacturers. The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised Levine Leichtman Capital Partners in connection with the European aspects of this transactions, especially with regard to German corporate, tax, antitrust and finance law aspects.
LLCP was advised by partners Peter Memminger (Frankfurt), Dr. Peter Nussbaum (Munich) (both corporate law/M&A, lead), Dr. Rolf Füger (Munich, tax law), Dr. Alexander Rinne (Munich, anti-trust law). In addition, the Munich based associates Dr. Michael Pujol (corporate law/M&A), Dr. Andreas Boos (antitrust law), Tobias Beuchert (tax law) and the Frankfurt based associates Dr. Thomas Tiedemann and Hannibal Özdemir (both corporate law/M&A) and Dr. Simone Jorden (finance law) worked on the transaction.
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm founded in 1866 in New York City. Today Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, New York, São Paulo, Singapore, Tokyo and Washington, DC, and is present in all major financial and economic centers of the world. Milbank’s main focus regarding its worldwide legal services are the areas of finance, transactions and litigation.
The first European office was opened in 1979 in London, followed by Frankfurt in 2001 and Munich in 2004. Due to the close cooperation of the German offices with the finance, corporate, cartel and tax lawyers practicing in the other Milbank offices, in particular London and New York, Milbank Germany is in a position to provide fully integrated legal advice on the highest level in all these core areas pursuant to German, English and US law.
About LLCP
Levine Leichtman Capital Partners is a Los Angeles, California-based investment firm that manages approximately $5.0 billion of institutional investment capital through private equity partnerships, distressed debt and leveraged loan funds. LLCP is currently making new investments through Levine Leichtman Capital Partners IV, L.P., and Levine Leichtman Capital Partners Deep Value Fund, L.P. Prior investments by Levine Leichtman Capital Partners include CiCi’s Pizza, Hackney Ladish, Jon Douglas Real Estate Group and Quizno’s. For more information about Levine Leichtman Capital Partners, please visit www.llcp.com.
Contact
Ursula Kaltenthaler
Milbank
T: +49-89-25-559-3607
ukaltenthaler@milbank.com