Munich-based private equity company Paragon Partners has acquired a majority stake in Novagraaf B.V. from current investor Gilde Buy-Out Partners. This investment represents a major endorsement of Novagraaf’s plans to grow its business. An international group of law firms co-led by Raue LLP and Stek (Amsterdam) has advised Paragon Partners on the transaction. The group also included law firms from France, Belgium, the UK and Switzerland.
Founded in 1888, Novagraaf B.V. is a leading international service provider for patent and trademark matters and claims to be managing more than one million intellectual property (IP) assets on behalf of its customers. The company is headquartered in Amsterdam, The Netherlands, with offices throughout Europe, including London, Brussels, Paris and Geneva. Novagraaf also opened sales operations in China, Japan and the US in 2016.
Paragon Partners, founded in 2004, is an independent private equity company managing 650 million euro of assets. Paragon Partners invests in mid-sized companies with a proven business model and sustainable value creation potential.
Raue LLP has been advising Paragon Partners for years, most recently on the acquisition of PAVIS and on the sale of “Wer liefert was”. The firm is frequently involved in international projects advising clients from abroad regarding their investments in Germany, as well as German clients in their international activities. Raue LLP can rely on proven working relationships with leading law firms across Europe and beyond.
(3 February 2017)