Baker & McKenzie LLP
09/11/2024 | Press release | Distributed by Public on 09/11/2024 04:11
Baker McKenzie advised Oldenburgische Landesbank on the financing of the acquisition of adlicious by FIELDS Group
Baker McKenzie advised Oldenburgische Landesbank Aktiengesellschaft (OLB) in its capacity as sole mandated lead arranger and lender on the financing of the acquisition of adlicious Group by the Dutch investor FIELDS Group. Nordic Trustee acted as agent and security agent.
The Oldenburg headquartered OLB is a financial institution operating under the two brands OLB Bank and Bankhaus Neelmayer.
The founders and managing directors Viktor Eichmann and David Lange sold adlicious to funds managed by FIELDS Group and remain re-invested with a minority stake in the business alongside the CTO Matthew Probert, who also joins as minority shareholder.
adlicious was founded in 2014 as one of the first independent and purely programmatic media agencies. Combining data and technology to achieve better media activation has been central to their work from the beginning. Based on their many years of hands-on experience with many different platforms, they decided to develop their own technology to bridge the existing gap between creation, data and media. Today, adlicious has evolved into a technology-driven full-service digital agency and is thus able to deliver integrated and fully customizable media solutions to their clients across the entire customer journey and all digital channels.
FIELDS Group is an entrepreneurial hands-on investor focused on developing companies with potential. FIELDS Group invests in companies with headquarters in Benelux and the DACH region which generate turnovers of 15m - 150m Euros and realizes true transformations with its team.
The Baker McKenzie leveraged finance team in Germany regularly advises private equity sponsors, banks and direct lenders on all types of (leveraged) acquisition financings, refinancings and financial restructurings. It is awarded as "Up and Coming" by the Chambers Global and European Guides 2024 and received various other recent recognitions.
Legal advisor to Oldenburgische Landesbank: Baker McKenzie
Lead:Banking & Finance:Matthias Töke (partner, Frankfurt)
Team: Banking & Finance:Kieran Verdano (associate, Frankfurt), Saskia Ilzhöfer (associate, Frankfurt)
The Oldenburg headquartered OLB is a financial institution operating under the two brands OLB Bank and Bankhaus Neelmayer.
The founders and managing directors Viktor Eichmann and David Lange sold adlicious to funds managed by FIELDS Group and remain re-invested with a minority stake in the business alongside the CTO Matthew Probert, who also joins as minority shareholder.
adlicious was founded in 2014 as one of the first independent and purely programmatic media agencies. Combining data and technology to achieve better media activation has been central to their work from the beginning. Based on their many years of hands-on experience with many different platforms, they decided to develop their own technology to bridge the existing gap between creation, data and media. Today, adlicious has evolved into a technology-driven full-service digital agency and is thus able to deliver integrated and fully customizable media solutions to their clients across the entire customer journey and all digital channels.
FIELDS Group is an entrepreneurial hands-on investor focused on developing companies with potential. FIELDS Group invests in companies with headquarters in Benelux and the DACH region which generate turnovers of 15m - 150m Euros and realizes true transformations with its team.
The Baker McKenzie leveraged finance team in Germany regularly advises private equity sponsors, banks and direct lenders on all types of (leveraged) acquisition financings, refinancings and financial restructurings. It is awarded as "Up and Coming" by the Chambers Global and European Guides 2024 and received various other recent recognitions.
Legal advisor to Oldenburgische Landesbank: Baker McKenzie
Lead:Banking & Finance:Matthias Töke (partner, Frankfurt)
Team: Banking & Finance:Kieran Verdano (associate, Frankfurt), Saskia Ilzhöfer (associate, Frankfurt)