Simmons & Simmons Advises Avedon on Acquisition of Majority Stake in NEA Group to Enhance DMS Group's Growth Strategy

"International law firm Simmons & Simmons has advised DMS Group and private equity investor Avedon on acquiring a majority stake in NEA Group, a German business process outsourcing specialist. This investment aims to enhance DMS Group's growth and expand its services in Germany, Romania, and Spain. NEA's sellers and managers will continue to be involved in operations. The Simmons team, led by Dr. Christian Bornhorst and Sabine Krause, utilized their expertise in private equity to facilitate the transaction, which is expected to create synergies and innovation opportunities in the energy sector."

International law firm Simmons & Simmons advised DMS Group and private equity growth investor Avedon on their acquisition of a majority stake in the NEA Group. The transaction involves Avedon’s add-on investment into NEA, a German-based specialist in business process outsourcing (BPO) for the energy and metering sectors. This acquisition aims to support DMS Group's long-term growth strategy and expand its existing portfolio, which Avedon acquired in 2023. The deal will enhance DMS Group’s resources and workforce across Germany, Romania, and Spain, broadening its service capacities and customer reach, with the Spanish portion of the transaction set to close in due course. The Simmons team that worked on this transaction included Dr. Christian Bornhorst, Partner in Düsseldorf, specializing in Private Equity and serving as Head of Corporate and M&A in Germany, and Sabine Krause, Managing Associate in Düsseldorf, also focusing on Private Equity.

Simmons & Simmons Advises Avedon on Acquisition of Majority Stake in NEA Group to Enhance DMS Group's Growth Strategy

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