Tax Law | Corporate and Group Tax Law | Private Equity

Flick Gocke Schaumburg advises EMK Capital on the acquisition of L&S Italia from Clessidra

02.08.2024 | Deals done 

Flick Gocke Schaumburg has advised private equity investor EMK Capital on the acquisition of L&S Italia and its subsidiaries regarding German tax. L&S Italia, a leader in the lighting industry, previously belonged to the portfolio of the Italian investor Clessidra Private Equity. L&S’ branch in Rödinghausen (North Rhine Westphalia) is responsible for the German market and has around 80 employees. 

Advisors to EMK Capital: Flick Gocke Schaumburg

Dr. Tobias Schwan, Dr. Frieder Mörwald (both tax due diligence), Dr. Daniel Liebchen, Cornelia Andree (both transfer pricing analysis); associates: Justina Fischer, Astrid Hemmann, Catharina Knops (all tax due diligence)

EMK Capital is a private equity firm founded by Edmund Lazarus (previously founder and managing partner of Bregal Capital) and Mark Joseph (previously founder and partner of Oakley Capital). It is aimed at continuing their record of investing in European and international medium-sized enterprises. Over the last 20 years, Edmund Lazarus and Mark Joseph have led several investments, growing EBITDA at an average compound annual growth rate of more than 25% on all realized investments while pursuing a comprehensive add-on strategy. Internationally, EMK Capital has offices in Amsterdam, Frankfurt, London, Madrid, Milan, Mumbai, Munich, New York, Paris and Singapore.

L&S Italia is the leading developer and manufacturer of customised technical LED lighting systems and solutions for high-end residential, commercial and industrial use. Founded in Italy in 1977, the enterprise now operates in more than 50 countries and has around 500 employees. It operates trading and production sites in Italy, Germany, China and the United States. <<<