Jan Bauer

With more than 20 years in practice, Dr. Bauer’s experience spans over 100 completed transactions valued in excess of €100 billion across a range of industries, including technology, business services, industrials and health care.

For many years, he has been widely recognized as a leading lawyer for his private equity and corporate M&A work, including in WirtschaftsWoche, Handelsblatt Best Lawyers, JUVE, Chambers Global, The Legal 500, Lexology Index (formerly Who’s Who Legal) and IFLR1000. Clients characterize him in these rankings as a “class act” and recognize him as “one of the heavy hitters in the market.”

His significant transactions include advising:

Financial Sponsors:

• I Squared Capital in its:
  • majority investment in SUNfarming, a German photovoltaic developer and independent power producer focused on agricultural solar projects, through its renewable energy platform Cube Green Energy
  • €1.4 billion acquisition of Arriva Plc (including all of its operating businesses across 10 European markets) from Deutsche Bahn AG
  • €650 million acquisition of PEMA Group from Société Générale through its portfolio company TIP
• Energy Infrastructure Partners in its:
  • minority investment of 10% in Eni Plenitude SpA, an Italian diversified energy transition company, at an implied valuation of more than €10 billion, as well as in its partnership with Eni SpA
  • acquisition of 20% of Fluxys Group, an operator of gas pipelines and LNG terminals across Europe, from CDPQ at an implied valuation of €8 billion, as well as in its partnership with Publigas SA
  • minority investment of 49% in BayWa r.e. AG, a global developer and operator of renewable energy projects at an implied valuation of €1.1 billion, as well as in its partnership with BayaAG 
  • acquisition of a 49% stake of the Wikinger offshore wind farm from Iberdrola at an implied valuation of €1.425 billion, as well as in its partnership with Baya AG
  • acquisition of a 25% stake of the Arkona offshore wind farm from Equinor at an implied valuation of €2 billion, as well as in its partnership with RWE and Equinor
• TSG Consumer Partners and Backcountry in the sale of Bergfreunde GmbH, a Germany-based online retailer of premium outdoor apparel and equipment, to DECATHLON S.E., the world’s largest sporting goods retailer
• Castik Capital in its:
  • acquisition of WATR Group, a water construction company, from private equity fund Borromin Capital Management
  • acquisition of Element Logic, a robotic solutions and material handling systems provider for warehouses, from its founders
  • acquisition of TB Auctions, an online auction platform and marketplace for used industrial goods, from its founders
• Hg in connection with its significant minority investment, alongside EQT and TA Associates, in IFS and Work-Wave, two cloud-based software services businesses, at a $10 billion valuation
• Silver Lake in its strategic partnership and investment in German publicly listed company Software AG through the purchase of €344 million aggregate principal amount of subordinated unsecured convertible notes. This was the first PIPE by any U.S. technology investment firm in a German public company
• Gulf Energy Development Group in its:
  • acquisition of a 24.99% stake of the in Outer Dowsing project, a 1,500 MW offshore wind farm located off the coast of England, from Green Investment Group at an implied valuation of $2.49 billion, as well as in its partnership with Total Energies
  • acquisition of a 50% stake in Borkum Riffgrund 2 project, a 450 MW offshore wind farm off the coast of Germany, from Global Infrastructure Partners at an implied valuation of €3 billion, its partnership with Ørsted, and the subsequent sale of half of its stake to a joint venture of Singapore-based Keppel Infrastructure Trust and Keppel Corporation Limited
  • acquisition of a 49% stake in Jackson Generation, a 1.2 GW gas power plant in the U.S., from Jackson Power at an implied valuation of $820 million, as well as in its partnership with Jackson Power
• phenox and its shareholders, including health care private equity investor SHS, in the sale of phenox to Wallaby Medical for a total consideration of €500 million, including milestone payments
• Armira and its portfolio company Boxine in Boxine’s €1 billion business combination with 468 SPAC I SE, one of the first de-SPAC transactions involving a German-listed SPAC
• Ontario Teachers’ Pension Plan in relation to the €3.8 billion sale of CeramTec to Canada Pension Plan Investment Board and BC Partners
• SCP Group in its:
  • €1.2 billion acquisition of the Real Group, one of Europe’s largest hypermarket operators, from METRO AG
  • sale of the digital business of Real, including the online marketplace operated under real.de, to Schwarz Group

Corporate M&A

• a leading global investment firm as financial advisor to the management board of Siemens AG in connection with its $5.1 billion acquisition of Dotmatics, a leader in life sciences research and design software
• BlackRock as part of a consortium of investors, including Allianz and T&D Holdings, in its acquisition of Viridium Group, a leading European life insurance consolidation platform, from Cinven at an enterprise value of €3.5 billion
• NXP, a global leader in automotive processing and networking, in its $625 million acquisition of TTTech Auto, an Austria-based provider of unique safety-critical systems and middleware for software-defined vehicles
• MorphoSys AG in its €2.7 billion sale to, and public takeover by, Novartis and the simultaneous disposition of the worldwide marketing rights of its antibody drug Monjuvi to Incyte Corporation
• Spirit AeroSystems, one of the world’s largest manufacturers of aerostructures for commercial airplanes and defense platforms, in its $8.3 billion acquisition by The Boeing Company
• Trimble in its €1.9 billion acquisition of Transporeon, a leading cloud-based transportation management software platform, from Hg
• a leading global investment firm as financial advisor to the management board of Klöckner & Co SE in connection with the €973 million voluntary public takeover offer by SWOCTEM GmbH for the entire issued share capital of Klöckner & Co
• A.P. Møller Holding and Færch Group in the acquisition of the $1.1 billion PACCOR Group from U.S. private equity firm Lindsay Goldberg
• HeidelbergMaterials in its partnership with Thoma Bravo and the acquisition of a 45% stake in Command Alkon, a cloud-based supply chain technology solutions provider for heavy building materials, from Thoma Bravo at an implied pre-money valuation of $1.7 billion
• SIGNA Sports United in connection with its $3.3 billion initial public offering on the New York Stock Exchange as a result of the de-SPAC merger with Yucaipa Acquisition Corporation. The merger also included the acquisition of WiggleCRC Group
• Hidrovias do Brasil, an integrated logistics solutions provider for water-based transportation companies, in its acquisition of the South American shipping business of Imperial Logistics Limited
• a leading global investment firm as financial advisor to the supervisory board of Deutsche Wohnen, Germany’s second-largest residential real estate company, in connection with its €19 billion takeover by Vonovia
• a leading global investment firm as financial advisor to the management board of Traton, one of the world’s largest commercial vehicle manufacturers, in connection with its $3.7 billion takeover of Navistar
• Coty Inc. in its strategic partnership with KKR & Co. Inc., including the carve-out sale of 60% of its professional beauty and retail hair businesses to KKR for an enterprise value of $4.3 billion

Founders and Family Owners

• the founders of communications specialist and FRITZ!Box manufacturer AVM in the sale of a majority stake in AVM to Imker Capital Partners, as well as in AVM’s partnership with Imker Capital
• the founder of ROSEN Technologies, a global leader in inspection and integrity management services for pipelines, in the carve-out of the company’s New Ventures division and the sub-sequent multibillion-euro sale of a majority stake to Partners Group, as well as in ROSEN’s partnership with Partners Group
• the family shareholders of SEEPEX, a leading worldwide specialist in pump technology, in the sale of the company to Ingersoll Rand Inc.
• the controlling family shareholders of Studio Babelsberg, one of Europe’s largest film studios, in the sale of Studio Babelsberg to TPG Real Estate Partners, followed by a subsequent public tender offer by TPG
• the family shareholders of Canyon Bicycles and TSG Consumer Partners in the sale of a majority stake in Canyon Bicycles to Groupe Bruxelles Lambert

Growth Companies

• FINN, a leading car subscription platform based in Germany, in its:
  • $110 million Series B financing round led by Korelya Capital, including both new and existing investors, with an implied company value of more than $500 million
  • $110 million Series C financing round led by Planet First Partners, with an underlying post-money valuation of more than $650 million
• Celonis, a German decacorn and global leader in execution management valued at $13 billion, in its $400 million Series D extension led by the Qatar Investment Authority, including both new and existing investors
• Armira in its €30 million anchor investment as part of a €60 million private placement of primary shares in tonies SE, the world’s largest interactive audio platform for children
• The KraftHeinz Company in its acquisition of an 85% stake in Just Spices, an online shop for spices
• Picnic International, an online food retailer, in connection with its partnership with Edeka and in Edeka’s investment in Picnic
• Sanity Group, one of Europe’s leading cannabis companies, in its formation of Endosane Pharmaceuticals, a developer of pharmaceuticals for the treatment of neuropsychiatric and psychiatric disorders

Dr. Bauer chairs the firm’s German Experience Committee and is a member of the firm’s Global Experience Committee.