Latham & Watkins Advises Hg on Investment of Permira in GGW Group

Latham & Watkins LLP advised Hg on an investment of Permira in GGW Group, one of the leading European insurance brokerage platforms for small and medium-sized enterprises. Founded by CEO Tobias Warweg, GGW Group today comprises more than 50 brokerage companies. Latham has served as legal advisor to Hg and GGW Group from the initial investment and in more than 20 add-on transactions that facilitated GGW Group’s growth. Closing is subject to regulatory clearances and expected in the second quarter 2024.

Latham & Watkins regularly advises Hg on transactions most recently on the sale of Transporeon and MEDIFOX DAN.

Latham represented Hg with a team led by Frankfurt corporate partners Oliver Felsenstein and Maximilian Platzer with Frankfurt/Munich corporate partner Sebastian Pauls, associates Sönke Bock, Michele Maurice Stephan, Annika Bilics, Nils Horst, and Lennart Werbeck; on finance matters by Frankfurt partners Sibylle Münch, counsel Rainer Adlhart and associates Philipp Guggeis and Jannis Strotmann; on banking and insurance regulation matters by Frankfurt partner Axel Schiemann and associate Dominik Schöneberger; on tax matters by Munich partner Stefan Süss; on antitrust matters by Frankfurt partner Max Hauser, Hamburg counsel Jana Dammann De Chapto and associate Nicolas Jung; on litigation matters by Frankfurt partner Alena McCorkle and associates Anna Henke and Stefanie Engmann; on data privacy matters by Frankfurt counsel Wolf-Tassilo Böhm and associate Clemens Ganz; on corporate/IP matters by associate Daniela Jaeger; on employment matters by Munich counsel Florian Dehmel and associate Martina Hölzer; on regulatory and general compliance matters by Frankfurt counsel Joachim Grittmann and Hamburg counsel Stefan Bartz.