D+S europe GmbH, a portfolio company of the Apax Fonds, has sold its call center division to financial investor CMP Capital Management-Partners GmbH. The transaction is retroactive to 1stJanuary 2012. Both parties agreed not to disclose financial terms of the transaction. International law firm Milbank, Tweed, Hadley & McCloy LLP advised D+S europe GmbH with regard to corporate and tax aspects of the transaction.
The call centers of D+S europe GmbH provide leading communication center services in Germany and maintain service centers for value-oriented, multimedia and integrated customer contact management. The call centers’ clients are leading corporations in the sectors telecommunications, media, energy supply, entertainment, financial services and trade. CMP Capital Management-Partners GmbH is a private equity fund investing particularly in several mid-sized distressed companies over the last decade.
D+S europe GmbH was advised on the transaction by a Milbank team led by partner Peter Nussbaum (Corporate/M&A, Munich), who has advised Apax Fonds for several years, including representation in the acquisition of D+S europe AG in 2008. Other Milbank lawyers representing D+S Europe GmbH in this transaction were partners Rolf Füger (Tax, Munich) and Christoph Rothenfußer (Corporate/M&A, Munich) as well as the associates Axel Wahl, Ludger Schult, Michael Pujol, Florian Leßniak (all Corporate/M&A, Munich), Matthias Schell and Florian Holzner (both Tax, Munich).
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.
