Wendelstein advises Digital Transformation Capital Partners (DTCP) on its investment in maincubes

Frankfurt am Main, Press release

Investment funds advised by DTCP acquire stake in Frankfurt-based colocation data center operator maincubes from existing majority shareholder Art-Invest Real Estate.

Maincubes develops and operates high-availability co-location data centers at the leading internet exchange points of Frankfurt and Amsterdam and is currently planning and building various new facilities. The tenants of maincubes include the public sector, national and international enterprises, and service providers.

DTCP focuses on driving digital transformation through investments in European infrastructure – in particular data centers, fiber networks, and mobile towers. Through the investment of DTCP, maincubes will benefit from the digital infrastructure expertise of DTCP besides the real estate development expertise of its longstanding major shareholder, Art-Invest Real Estate.

Following the closing of the transaction, DTCP and Art-Invest Real Estate become equal majority shareholders in maincubes and intend to jointly drive maincubes' sustainable growth strategy with the goal to become one of the leading European data center operators. The platform plans to invest more than a billion euros in data center projects in the coming years.

Wendelstein advised DTCP on the transaction as DTCP's main transaction counsel. The Wendelstein team around partners Philipp von Bismarck (lead; corporate and M&A), Dr. Lars F. Freytag (corporate and M&A) and Dr. Moritz Meister (litigation and arbitration) included counsel Vanessa David (corporate and M&A), senior associate Kristian Franz (corporate and M&A) as well as associates Julian Ott, Lukas Fleck and Louisa Pakosch (all corporate and M&A).

YPOG advised DTCP on tax and structuring matters concerning the transaction (partner Andreas Kortendick and associated partners Ann-Kristin Lochmann and Dr. Christian Joisten). Hogan Lovells (amongst others partners Dr. Alexander Stefan Rieger and Dr. Hanns Jörg Herwig as well as senior associate Johannes Groß) conducted the legal due diligence and provided advice on certain transactional aspects.  Clifford Chance (Of counsel Dr. Joachim Schütze and partner Dr. Dimitri Slobodenjuk) advised inter alia on antitrust issues.

Wendelstein Rechtsanwälte PartGmbB is an independent law firm specializing in business law advice. Wendelstein is particularly active in the areas of M&A, corporate law, litigation and arbitration, restructuring and insolvency law, financing, real estate transactions, capital markets law and tax law. For further information on Wendelstein, please visit: www.wendelstein.com.

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