Eisenberger + Herzog, working with Allen & Overy Germany, has advised the Riverside Company on the acquisition of GFP Handels by its portfolio company Toolport. V. Keussler Rechtsanwalte and GDB Rechtsanwalte reportedly advised the seller.
Riverside is a New York-headquartered global private investor focused on the smaller end of the middle market. Riverside portfolio company Toolport is an online provider of professional tents and spare parts for the consumer and industrial markets.
GFP is greenhouses, raised garden beds, and related products online provider in the DACH region.
"The acquisition of GFP marks a significant strategic step for Toolport, increasing the company’s addressable market and serving as a blueprint for further inorganic growth through add-on acquisitions," Riverside Europe Partner Peter Schaberger commented. "Toolport and GFP together face an exciting future and we believe a lot of untapped growth potential ahead."
The E+H team was led by Partner Philipp Nidal Karaman and included Partners Karolin Andreewitch-Wallner, Andreas Zellhofer, Helmut Liebel, Christopher Engel, Ulrike Sehrschoen, Judith Feldner, and Marcus Benes, Attorneys-at-Law Florian Sagmeister and Karoline Hofmann, and Associates Martin Zankl, Laura Glibusic, Vincenz Stockert, Daniela Birnbauer, Maximilian Kroepfl, Agnieszka Blonska, and Christian Cacic.
The Allen & Overy team was led by Partner Astrid Kruger, Senior Associate Tobias Hugo, and Associate Johannes Grassl and included Partners Thomas Neubaum and Boerries Ahrens, Counsels Jan-Hendrik Bode and Sebastian Schulz, and Associates Hans-Joachim Jahnichen and Soeren Burdinski.
Editor's note: After this article was published, GDB Rechtsanwalte confirmed that it had advised GFP Handels. The firm's team included Partners Bernhard Gumpoldsberger, Christoph Doppelbauer, and Thomas Bittermann, and Associate Sladana Bjelic.