Global law firm White & Case LLP has advised KF Holding GmbH and its management on the sale of leading German event technology provider KFP Group to US-based PSAV Group.
KFP Group provides audio visual and production services for business hotels, industrial clients and agencies and has a strong presence in Germany, Austria and Switzerland. PSAV is a global full-service event technology provider in the audio visual and event technology services industry, with branch locations in the United States, Canada, Mexico, Europe, the Caribbean, the United Arab Emirates and Singapore. PSAV is jointly controlled by Goldman Sachs Group Inc. and Olympus Partners.
The transaction is expected to close later in the first quarter of 2016, subject to customary closing conditions.
The White & Case team which advised on the transaction was led by partner Markus Hauptmann (Frankfurt) with the support of local partner Matthias Kiesewetter (Hamburg), and included partner Frank-Karl Heuchemer, counsel Josef Grosse Honebrink (both Frankfurt), local partner Justus Herrlinger (Hamburg) and associate Silke Jurczyga (Frankfurt).
For more information please speak to your local media contact.