Sebastian Pitz

Local Partner, Frankfurt

Biography

Overview

Sebastian focuses on transactions and regulatory matters. He understands the commercial drivers of transactions, finds innovative and pragmatic solutions and is known for his responsive attitude and determination to get the job done in a result-oriented and efficient manner.

He advises financial institutions, corporates and financial investors with respect to domestic and cross-border private and public M&A, complex corporate restructurings and financial regulatory laws, including banking, investment services, payment, asset management and insurance regulations. He also specializes in tech and fintech transactions covering both, transactional and regulatory aspects.

As an experienced financial institutions lawyer, Sebastian has established a working relationship with the ECB, the German financial supervisory authority (BaFin) and Deutsche Bundesbank. He is an adjunct lecturer at the University of Applied Sciences of Deutsche Bundesbank (Hochschule der Deutschen Bundesbank) and an author of numerous articles concerning regulatory and corporate law.

Before joining the firm, Sebastian worked for another international law firm in its Frankfurt, Munich, Hamburg and New York offices.

Bars and Courts
Rechtsanwalt
Education
Second State Exam
Higher Regional Court of Karlsruhe
First State Exam
University of Konstanz
Languages
German
English
Spanish

Experience

Public M&A / Capital Markets

Faurecia, 2021
Faurecia S.E. on its public takeover offer to the shareholders of HELLA GmbH & Co. KGaA in the form of a cash offer and the separate acquisition of HELLA shares held by the family shareholder pool resulting in an overall transaction value of approx. EUR 6.8bn

ADO Properties, 2020
Advised ADO Properties on its (i) voluntary public takeover offer in the form of a share-for-share offer to the shareholders of ADLER Real Estate, (ii) the acquisition of a minority stake in CONSUS and on the conclusion of a Call-Option Agreement with the mayor shareholder of Consus and on (iii) its voluntary public takeover offer and delisting tender offer to the shareholders of WESTGRUND

TE Connectivity, 2019
TE Connectivity in its public takeover offer to the shareholders of First Sensor in the form of a cash offer*

Deutsche Bank / DWS, 2018
Deutsche Bank on the reorganisation of its asset management activities and the initial public listing of DWS with proceeds of EUR 1.4bn and a valuation of approx. EUR 6.5bn*

 

Private M&A / Private Equity

Nordic Capital, 2020
Nordic Capital on the acquisition of BearingPoint's Regulatory Technology business unit

x+bricks, 2020
x+bricks Group on the acquisition of a portfolio of 120 grocery-anchored properties worth EUR 500m

gategroup, 2019
Gategroup on the acquisition of Lufthansa's LSG Sky Chefs' EU business from Lufthansa*

Smatrac, 2019
Smartrac on the sale of its RFID-transponder business to Avery Dennison*

TE Connectivity, 2019
TE Connectivity on the acquisition of Kissling Group*

EQT, 2016
EQT on the sale of BSN Medical to SCA for approx. EUR 2.74bn*

 

Fast Growth / Venture Capital

N26, 2021
N26 on regulatory aspects (regulatory capital and SHA questions) of its USD 900m Series E financing round at a valuation of USD 9bn

Enpal, 2021
Enpal on its USD 174m Series C financing round at a valuation of above USD 1bn (post-money)

wefox, 2021
wefox on its USD 650m Series C financing round at a valuation of USD 3bn (post-money)

GIC, 2019
GIC on N26's USD 570m Series D financing rounds at a valuation of USD 3.5bn*

Geely, 2019
Geely on Volocopter`s EUR 50m Series C financing round at a valuation of approx. EUR 200 (post-money)*

 

Financial Institutions M&A / Private Equity

PEAC and HPS, 2021
PEAC and HPS Investment Partners on its acquisition of the leasing business of AAB Leasing

Corestate Capital, 2021
Advised Corestate, a leading independent investment manager for real estate in Europe, on the acquisition of Aggregate Financial Services (now: Corestate Bank)

Deutsche Bank, 2020
Deutsche Bank on their long-term exclusive bancassurance cooperation regarding life insurance and property, accident and liability insurance with Zurich and Deutsche Bank on it long-term exclusive bancassurance cooperation regarding credit-linked and construction financing insurance with Talanx

DWS, 2020
DWS on their long-term exclusive asset management cooperation with Zurich

Association of German Banks, 2018
Association of German Banks - Deposit Protection Fund on the sale of Düsseldorfer Hypothekenbank to Aareal Bank*

Cinven, 2018
Sixth Cinven Fund on the acquisition of Viridium, a leading life insurance consolidation platform in Germany*

Nets, 2018
Nets on its acquisition of Concardis from Bain Capital and Advent*

HPS, 2017
HPS Investment Partners on the acquisition of IKB Leasing from IKB Deutsche Industriebank*

Viridium, 2017
Viridium (previously Heidelberger Leben) on the acquisition of the life insurance business of Protektor*

UBS, 2016
UBS Group on the merger of five European wealth management bank subsidiaries into UBS Europe*

 

Regulatory

Banks, investment firms, payment institutions, asset managers, insurance companies and corporates on a broad range of regulatory projects and topics including: IFR/IFD, CRR2 and CRDV, Solvency2, AIFMD/UCITSD, Brexit and corporate reorganisation projects, ECB supervision, licensing and exemptions, crisis situations and strategic business decisions, recovery and resolution, regulatory consolidation and Art. 7, 8 CRR and LE waivers, corporate governance of regulated institutions, internal and special audits, onsite-inspections and compliance matters (e.g. with respect to securities laws or AML/AFC), cross-border financial services, capital and liquidity requirements and other regulatory requirements, German bank separation rules and compensation requirements

* Matters prior to working for White & Case

Publications

§ 1(3a)-(3d), (4)-(5a), (9) German Banking Act, Commentary KWG and CRR. Ed. Beck/Samm/Kookemoor, 219th ed. June 2021

Principles of consolidated supervision, Handbook banking supervisory law. Ed. Binder/Glos/Riepe. 2nd. Ed., 2020, 209-274 

§ 24a German Banking Act, Commentary KWG and CRR. Ed. Beck/Samm/Kookemoor, 213th ed. May 2020

§ 53d German Banking Act, Commentary KWG and CRR. Ed. Beck/Samm/Kookemoor, 206th ed. June 2019

Brexit, MiFIR and MiFID II: Cross-border investment services provided by third country firms and applicability of organizational and conduct rules, ZBB 2018, 197-208

Cross-border business of UK credit institutions and investment firms with German clients in the light of Brexit, MiFIR and MiFID II, European Business Law Review 2018, 425-463

Principles of consolidated supervision, Handbook banking supervisory law. Ed. Binder/Glos/Riepe. 2018, 181-240

Credit institutions and investment firms as single-tier board European Company (Societas Europaea), ZBB 2017, 76-84

Impact of Brexit on the European passport for credit institutions and investment firms, WM 2017, 120-129

Banks need a market for NPLs, Frankfurter Allgemeine Zeitung, 21. December 2016, 25

Financial holding companies and consolidated supervision of financial holding groups, BKR 2016, 495-499

Intermediate EU parent undertaking requirement for non-EU GSIBs, Oxford business law blog, December 2016

SREP capital ratios and due process, ZBB 2016, 342-353

Comment on the judgement of the German federal court of justice of 19. February 2013 (II ZR 56/12) – impact of a void election of a supervisory board member, NJW 2013, 1539

Awards and Recognition

Ones to Watch Germany in Banking and Finance Law, Handelsblatt 2021