Patrick Schölles

Associate, Frankfurt

Biography

Overview

Patrick is an associate in the M&A/Corporate Group at the Firm's Frankfurt office.

He advises companies as well as financial investors on international M&A transactions and on all aspects of corporate law. In addition, Patrick is advising various international major companies (including DAX30) in connection with intra-group cash management.

Prior to joining White & Case as an Associate, Patrick worked for the Indo-German Chamber of Commerce in Mumbai during his legal clerkship. He also worked at the Firm's Frankfurt Office and for other major international law firms in Frankfurt and Lisbon as a research assistant and trainee lawyer.

Bars and Courts
Rechtsanwalt
Education
Second State Exam
Higher Regional Court of Koblenz
Magister Iuris
University of Glasgow
First State Exam
University of Mainz
Languages
German
English

Experience

PEAC / HPS Investment Partners, 2021
Advised PEAC (Germany) GmbH, a portfolio company of investment funds managed by HPS Investment Partners, LLC, on the acquisition of the leasing business of Augsburger Aktienbank Aktiengesellschaft.

Corestate Capital, 2021
Advised Corestate Capital Holding S.A. (CORESTATE), a leading independent investment manager for real estate in Europe, on the acquisition of Aggregate Financial Services (AFS), a leading debt financing platform and fully licensed securities trading bank. The transaction expands CORESTATE's leading position in the real estate development financing market as well as the wider real estate sector.

Adler Group, 2021
Advised Adler Group S.A. (ADLER), on the issue of a senior unsecured corporate bond with a total volume of €1.5 billion. Simultaneously, ADLER Real Estate AG, a company of the ADLER Group, made a cash offer to buy back a €500 million bond issued in 2017. The repurchase will be financed from the funds of the new issue.

Adler Real Estate, 2020
Advised Adler Real Estate AG, a subsidiary of Adler Group S.A, on the sale of a real estate portfolio with a volume of €75.7 million to Omega AG. The portfolio comprises 1,605 residential and commercial units located in Borna, Osterholz-Scharmbeck and Schwanewede.

ADO Properties, 2020
Advised ADO Properties S.A. (ADO) on its capital increase with subscription rights. The gross proceeds from the capital increase will amount to €450 million and ADO intends to use the entire net proceeds from the capital increase for the repayment of debt.

ADO Properties, 2020
Advised ADO Properties S.A. (ADO) on a further step towards its planned acquisition of leading real estate developer Consus Real Estate AG (Consus). ADO had previously announced that it had entered into an agreement with Aggregate Holdings S.A. (Aggregate) to acquire a majority stake in Consus. ADO has now exercised the call option to acquire control of Consus and has completed the settlement.

ADO Properties, 2020
Advised ADO Properties S.A on its voluntary public takeover offer and delisting tender offer to the shareholders of WESTGRUND Aktiengesellschaft (WESTGRUND).

ADO Properties, 2019
Advised ADO Properties S.A. ("ADO") on its voluntary public takeover offer in the form of a share-for-share offer to the shareholders of ADLER Real Estate Aktiengesellschaft. In addition, advising ADO on the acquisition of a minority stake in CONSUS Real Estate AG ("Consus") and on the conclusion of a Call-Option Agreement with the mayor shareholder of Consus.

Nestlé, 2019
Advised Nestlé on the creation of a joint venture with Casa Tarradellas, with their respective stakes 40% and 60%. The joint venture will include Herta charcuterie (cold cuts and meat-based products), which is available in six European countries, and the Herta dough business in France and Belgium.

LOEWE, 2019
Advised the insolvency administrator Rüdiger Weiß on the sale of large parts of the traditional German company LOEWE Technologies GmbH (LOEWE). The buyer of the package, which includes technical fixed assets, machinery and the know-how and software rights (EMS and EMC equipment), is the Dr. Schneider Group, a Germany-based OEM automotive supplier.

Tradegate Exchange, 2019
Advised Tradegate Exchange GmbH and its shareholders, Deutsche Börse AG and Tradegate AG Wertpapierhandelsbank, on the acquisition of Börse Berlin AG.

Easyfairs, 2019
Advised Easyfairs on the acquisition of 100% of the shares in Stuttgart-based Untitled Exhibitions GmbH, whose portfolio of events includes All About Automation, four regional trade fairs focused on industrial automation.

Publications

Co-author, "Cross-border "transformation" of a French SARL into a German GmbH, Note to KG Berlin, Resolution of 21.3.2016 - 22 W 64/15 (Grenzüberschreitender "Hereinformwechsel" einer französischen SARL in eine deutsche GmbH, Anmerkung zu KG Berlin, Beschl. v. 21.3.2016 - 22 W 64/15)”, WuB 2017, P. 86