White & Case advises Castik Capital on the debt financing of the acquisition of ARTUS Beteiligungs GmbH and Artus Holding GmbH
International law firm White & Case LLP advised Castik Capital S.à rl in connection with the debt financing of its agreed acquisition of ARTUS Beteiligungs GmbH and Artus Holding GmbH, including their subsidiaries (the ARTUS Group) .
“The White & Case team is pleased to have advised Castik Capital on another investment from its second fund,” said White & Case Partner Colin Harley, who led the firm’s deal team. “We look forward to continuing to support Castik and Artus on the group’s debt financing needs as they execute their business plan for the group.”
Founded in 2014, Castik is a private equity firm focused on making investments in high quality, growing companies, headquartered in Europe and led by strong management teams or founders. The investments are made by the Luxembourg fund EPIC II, the second fund managed by Castik, which closed its final fund at 1.25 billion euros in October 2020.
ARTUS is one of Germany’s leading damage repair companies in the field of fire, water and elemental damage, as well as dewatering and winter heating of buildings. With currently more than 350 employees in 24 branches, ARTUS covers all stages of the value chain, offering extensive services throughout the claims process, allowing it to be a one-stop-shop. In 2021, ARTUS handled more than 10,000 complaints in Germany and impressed its customers by consistently delivering top quality, backed by their short response time and high level of expertise across all ARTUS services.
The acquisition of the ARTUS group is the latest in a series of transactions on which White & Case has advised Castik Capital S.à rl and its portfolio companies since 2014.
The White & Case team in London advising on the transaction was led by partner Colin Harley and included partners Janam Nagra and Daniella van Wyk.
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