Sebastian Pitz
Biography
Overview
Sebastian is a partner in our Global Mergers & Acquisitions practice. Together with the team, he supports clients in planning and executing significant and complex transactions, often in highly regulated industries and on a cross-border basis. His key clients include financial institutions, private equity sponsors, fast-growing companies and their founders. He finds innovative and pragmatic solutions and is known for his can-do attitude and determination to get the job done in a results-oriented and efficient manner.
Before joining the firm, Sebastian worked for another international law firm in its Frankfurt, Munich, Hamburg and New York offices.
Experience
Private Equity
Advised Cinven on the (i) 2018 acquisition of Viridium by the Sixth Cinven Fund and (ii) 2017 acquisition of the life insurance business of Protektor by Viridum*
Advised Goldman Sachs Asset Management as member of a consortium including Advent, Centerbridge and CPPIB on the 2022 public takeover offer to the shareholders of Aareal Bank with an overall valuation of approx. €2bn
Advised Hellman & Friedman and Nets on the 2018 acquisition of Concardis from Bain Capital and Advent*
Advised HPS Investment Partners on the (i) 2023 sale of PEAC's Russian business, (ii) 2021 acquisition of the leasing business of AAB Leasing and (iii) 2017 acquisition of IKB Leasing (now PEAC)
Advised Nordic Capital on the (i) 2023 investment in Helmsauer Group, (ii) 2022 acquisition and combination of Baufi24, Hüttig & Rompf and Creditweb in Bilthouse Group and (iii) 2020 acquisition of BearingPoint RegTech (now: Regnology)
Advised Pollen Street Capital on the (i) 2024 acquisition of Etops Group, (ii) 2023 acquisition and combination of niiio finance group, fundsaccess, FundHero, FinTecc and MiFID-Recorder and (iii) 2022 acquisition of a majority shareholding in Pair Finance
Fast Growth
Advised Enpal on the (i) 2024 sale of over 60,000 renewable energy solutions, (ii) 2023 secondary share sales, (iii) 2023 €215m Series D financing round and (iv) 2021 €150m Series C financing round
Advised Enviria on the 2024 investment from Blackrock of over €200m
Advised FNZ on the (i) 2022 acquisition of DIAMOS and (ii) 2022 acquisition of the business of Authenteq
Advised N26 on the regulatory aspects of the 2021 US$900m Series E financing round at a valuation of US$9bn
Advised wefox on the (i) 2023 debt financing from Deutsche Bank, JP Morgan, Barclays and UniCredit, (ii) 2022 US$400m Series D funding round, (iii) 2022 acquisition of TAF and (iv) 2021 US$650m Series C financing round
M&A and other
Advised ABN AMRO on the 2024 acquisition of Hauck Aufhäuser Lampe Privatbank from Fosun
Advised Adler Group on the (i) 2023 liability restructuring and new financing (ii) 2022 sale of a €1.05bn real estate portfolio to international investment company KKR and German real estate specialist Velero, (iii) 2022 sale of a €1.3bn real estate portfolio to LEG Immobilien, (iv) 2020 public takeover offer in the form of a share-for-share offer to the shareholders of ADLER Real Estate, (v) 2020 acquisition of a minority stake in CONSUS and on the conclusion of a Call-Option Agreement with the mayor shareholder of Consus and (vi) 2020 voluntary public takeover offer and delisting tender offer to the shareholders of WESTGRUND
Advised BPCE Group on the 2024 acquisition of Société Générale Equipment Finance (including the German GEFA businesses)
Advised Deutsche Bank on the (i) 2020 long-term exclusive bancassurance cooperation regarding life insurance and property, accident and liability insurance with Zurich (ii) 2020 long-term exclusive bancassurance cooperation regarding credit-linked and construction financing insurance with Talanx and (iii) 2018 IPO of DWS with a total placement volume of €1.4bn
Advised DWS on the 2020 long-term exclusive asset management cooperation with Zurich
Advised Faurecia on the 2021 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 resulting in an overall transaction value of approx. €6.8bn
Advised Landesbank Baden-Württemberg on the 2022 acquisition of Berlin Hyp from Landesbank Berlin Holding at a valuation of above €1bn
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
§§ 70-75 German Investment Firm Act, Commentary WpIG. Ed. Lendermann/Nemeczek/Schroeter, June 2024
Qualifying holding procedures for credit and financial institutions – procedure, process and legal remedies, Part 2, WM 2023, 1053-1064
Qualifying holding procedures for credit and financial institutions – procedure, process and legal remedies, Part 1, WM 2023, 1005-1014
ECB provides insight in its supervisory practice, Börsen-Zeitung, 5 November 2022
M&A-Transactions in the financial industry, Azur 2/2022, 144, 145
Substantive principles of qualifying holding procedures for credit and financial institutions, Part 2, WM 2022, 1569-1579
Substantive principles of qualifying holding procedures for credit and financial institutions, Part 1, WM 2022, 1525-1533
Unicorns do exist!, Azur100 Top-Arbeitgeber 2022, 272, 273
§ 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
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
Frequently recommended for Private Equity, Juve Handbuch 2023/2024
Frequently recommended for M&A, Juve Handbuch 2023/2024, 2022/2023
Frequently recommended for Corporate Law, Juve Handbuch 2023/2024, 2022/2023
Ones to Watch Germany in Banking and Finance Law, Handelsblatt 2023, 2022, 2021
Ones to Watch Germany in Corporate Law, Handelsblatt 2023, 2022
Ones to Watch German in Regulatory Practice, Handelsblatt 2023