White & Case advises Castik Capital on debt financing for acquisition of ARTUS Beteiligungs GmbH and Artus Holding GmbH
2 min read
Global law firm White & Case LLP has advised Castik Capital S.à r.l. on the debt financing for its agreed acquisition of ARTUS Beteiligungs GmbH and Artus Holding GmbH including their subsidiaries (the ARTUS Group).
"The White & Case team is happy to have advised Castik Capital on another investment from its second fund,” said White & Case partner Colin Harley, who led the Firm's deal team. “We look forward to continuing to support Castik and Artus on the group’s debt financing needs as they execute their business plan for the group."
Founded in 2014, Castik is a private equity firm focused on making investments in high-quality and growing businesses, which are headquartered in Europe and led by strong management teams or founders. Investments are made by the Luxembourg-based fund, EPIC II, the second fund managed by Castik, which had its final fund close of €1.25bn in October 2020.
ARTUS is one of Germany’s leading damage repair companies in the field of fire, water, and elementary damage, as well as building drying and winter building heating. With currently more than 350 employees across 24 branches, ARTUS covers all steps of the value chain, offering extended services along the entire claim process, allowing it to be a one-stop-shop. In 2021, ARTUS processed over 10,000 claims in Germany and impressed its customers by consistently delivering market-leading quality enhanced by their short response time and high level of expertise across all of ARTUS’ services.
The acquisition of the ARTUS Group is the latest in a string of transactions on which White & Case has advised Castik Capital S.à r.l. and its portfolio companies since 2014.
The White & Case team in London that advised on the transaction was led by partner Colin Harley and included associates Janam Nagra and Daniella van Wyk.
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