FRANKFURT – Global law firm Reed Smith advised the SelectLine Group on its successful refinancing and recapitalization with funds from private debt fund Ares and Joh. Berenberg, Gossler & Co. KG. The transaction closed on 17 June 2025.
The SelectLine Group, headquartered in Magdeburg, Germany, is a portfolio company of private equity investor Elvaston Capital Management and a leading developer of ERP (enterprise resource planning) systems for small and medium-sized businesses.
The Reed Smith team was led by Dr Oliver Hahnelt, with close support from Dr Nikolas Koutsós and Markus Cejka.
Dr. Oliver Hahnelt said: “We are delighted to have successfully advised the SelectLine Group on the restructuring of its debt capital and, at the same time, to have further strengthened and deepened our existing close cooperation with private equity investor Elvaston in the area of debt financing.”