Dechert Advises ARTUS on the Acquisition of Hestia

 
September 30, 2022

Dechert LLP advised ARTUS, a portfolio company of Castik Capital, on the acquisition of Hestia. ARTUS has acquired a majority stake from the previous shareholders of Hestia. The management team of Hestia and its group companies will also become shareholders in the combined group.

Hestia is a national group of companies in the field of water and fire damage restoration based in Germany.

ARTUS is one of Germany’s leading damage repairers, covering fire, water and elementary damages and offers complete solutions for the entire restoration process.

Castik Capital is a Luxembourg-based multi-strategy private equity firm that acquires significant stakes in European private and public companies, creating active partnerships with management teams and achieving sustainable success through long-term investments.

The Dechert team advising Castik Capital included Munich-based private equity partners Dominik Stühler, Giovanni Russo and Carina Klaes-Staudt, counsel Christian Böhme (Munich) and Munich-based associates Florian Leitsbach, Dr. Philipp Schöfer, Alexa Serafin and Jamal Tuhin (London) as well as Brussels/Frankfurt-based antitrust partner Clemens Graf York von Wartenburg and associates Thirith von Döhren (Frankfurt) and Isabella Egetenmeir (Brussels).

The same Dechert team advised Castik Capital on its recent acquisition of Artus Beteiligungs GmbH.

To find out more about Dechert’s private equity practice click here.

About Dechert

Dechert is a leading global law firm with 22 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity, and efficient management of legal issues to deliver commercial and practical advice for clients.

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