Milbank LLP has advised IK Partners ("IK") on the financing of the acquisition of a stake in Remazing GmbH ("Remazing"), a German marketing services and software provider, via its IK Small Cap III fund.
IK is a European private equity firm focusing on investments in the DACH region, Benelux, France, the Nordics and the United Kingdom. Since 1989, IK has raised more than €14 billion of capital and invested in over 170 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
Remazing was founded in 2016 by Hannes Detjen and Emil Beck and was developed to serve the growing demand from consumer brands to market their products directly on Amazon. Today, the company is the largest independent provider in the market, serving over 100 corporate clients globally and employing over 100 e-commerce experts who are based in its headquarters in Hamburg and across local hubs in Barcelona, London, Paris and Turin.
The Milbank team that advised IK on the financial aspects of the transaction was led by partner Barbara Mayer-Trautmann and included special counsel Jennifer Seipelt and transaction lawyer Silvia Lengauer (all Finance, Munich).
