DWS Group, a leading European asset manager — majority-owned by Deutsche Bank — with EUR 1,190 billion of assets under management, has announced that it has signed binding agreements to acquire 100 percent of Peakside Capital Advisors AG (Peakside) from shareholders led by its founders and managing partners, Stefan Aumann and Boris Schran. Peakside is a specialist real estate asset manager focused on value-add and opportunistic investments in Germany and Central and Eastern Europe.
Hengeler Mueller comprehensively advised DWS on the transaction. Advestra (Switzerland), EHP (Luxembourg) and SK&S (Poland) acted as local counsel.
Hengeler Mueller team for DWS Group
M&A/Real Estate: Thomas Lang (partner, lead), Caspar Conzen (senior associate), Lukas Sengülsen (associate, all Frankfurt),
Regulatory: Christian Schmies (partner), Natalie-Dilan Yerlikaya, Charlotte van Kampen (both senior associate, all Frankfurt),
Antitrust: Sebastian Dworschak (partner), Leonie Lentner (senior associate, both Düsseldorf),
Employment: Christian Hoefs (partner), Musa Müjdeci (senior associate, both Frankfurt).