Audio equipment manufacturer Loudspeaker Teufel is sorting out its finances as part of a refinancing. Hogan Lovells advises the company on legal aspects.
As part of a refinancing, Loudspeaker Teufel has expanded the previous financing framework and increased the financial flexibility of the group of companies.
Teufel is a well-known player in the market segment for audio products such as headphones, speakers and streaming systems. The company has belonged to the French investment company Naxicap Partners since 2018.
Naxicap is active as a private equity investor in a wide variety of industries. The focus of the business model is in the area of leveraged takeovers of medium-sized companies and venture capital transactions.
Teufel and the company’s shareholders sought advice from Hogan Lovells in the course of the refinancing.
The law firm had already supported the Teufel Group when it was taken over by Naxicap. In charge of both matters was a team led by Dr. Christoph Naumann active.
Hogan Lovells for the Devil Group:
dr Christoph Naumann, Partner, Lead, M&A, Frankfurt
Matthias Strecker, Senior Associate, M&A, Frankfurt
Bianca Engelmann, Partner, Finance, Frankfurt
dr Katlen Blocker, Partner, Finance, Frankfurt
Dr. Antonia Wolf, Senior Associate, Finance, Frankfurt
Clara Rego Calderón, Senior Associates, Finance, Frankfurt
dr Falk Loose, Counsel, Tax Law, Munich
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