Global law firm White & Case LLP has advised international private equity investor Ardian on its investment agreement with YT Industries (YT), a global high performance mountain bike brand.
Ardian and YT aim to continue YT's growth trajectory of recent years and further expand its business, particularly in Europe and the US. YT's existing management team will continue to lead the company. The parties have agreed not to disclose financial details of the transaction, which remains subject to approval by the antitrust authorities.
Ardian is a leading global private investment house with assets in excess of US$112 billion managed or advised and a global network of more than 750 employees and 15 offices in Europe, South America, North America and Asia.
YT Industries was founded in 2008 in Essen, Germany and has evolved into an international premium performance mountain bike brand. YT currently offers 40 different mountain bikes designed for various categories of mountain biking, as well as complementary apparel and accessories.
The White & Case team which advised on the transaction was led by partner Stefan Koch (Frankfurt) and included partners Tomislav Vrabec, Andreas Lischka, Bodo Bender (all Frankfurt) and Justus Herrlinger (Hamburg), local partner Sebastian Stütze (Hamburg) and associates Paul Kohlhaas, Eojin Lie, Lea Kaase (all Frankfurt) and Louisa Maier-Witt (Hamburg). Lawyers from the White & Case offices in New York and London also advised on the transaction.
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