Milbank LLP has acted as the legal advisor to Deutsche Private Equity (DPE) in the sale of its majority stake in Primutec Solutions Group to Trill Impact. This transaction marks a significant development for both DPE and Primutec.
Since DPE’s initial investment in 2017, Primutec has experienced substantial growth, transforming from a local entity into a market leader in Germany and the Netherlands. Through strategic acquisitions, Primutec increased its revenue from EUR 90 million to over EUR 360 million and expanded its workforce to more than 1,200 employees. The company now offers services beyond flat roofing, including lightning protection, solar PV installations, and green roofing solutions.
Deutsche Private Equity is an investment firm that partners with medium-sized companies to support their growth. It currently manages assets totaling EUR 3 billion.
Trill Impact is recognized as a prominent Impact House in Europe with approximately EUR 1.3 billion under management.
The Milbank team overseeing this transaction included partners and associates from Corporate/M&A based in Frankfurt, Tax specialists from Munich, Martin Juhasz focusing on Competition Law also from Munich, and special counsel for Finance located in Frankfurt.
