Tim Volkheimer

Kirkland & Ellis is advising Centerbridge Partners on the sale of its majority interests in APCOA, Europe’s leading parking infrastructure operator, to Strategic Value Partners. The transaction is expected to close in the next three months, subject to receipt of required regulatory approvals as well as other customary closing conditions. APCOA provides car park management services across Europe and operates more than 1.8 million parking spaces across 13,000 sites in over 400 cities. The Kirkland team was led by corporate partners Aprajita Dhundia and Matthew Elliott and associates Joseph O'Brien, George Rawlinson, Jin Yi Lee and Clemmie Alexander; debt finance partner Sam Sherwood; capital markets partners Tim Volkheimer and William Burke; antitrust & competition partners Athina Van Melkebeke, Paula Riedel and Joel Gory and associate Lucy Mahon; and tax partner Mavnick Nerwal and associates Hugo Coleman and Michael Akpomiemie.

Oct 26

1 min

Kirkland & Ellis advised funds managed by AGG Capital Management Limited, a subsidiary of Arrow Global Group, a leading pan-European investment manager, on the strategic acquisition of a majority position in AFE S.A. SICAV-RAIF, a specialist investment manager with a complementary focus on non-performing loans and real estate. In support of the acquisition, holders of more than 95% of AFE’s €307.5 million senior secured notes consented to a comprehensive recapitalisation and refinancing transaction that saw AFE’s existing RCF ultimately refinanced with the proceeds of a new €132.9 million term facility, the issuance of approximately €35.7 million of additional notes and an extension to the maturity date of the notes to July 2030. The Kirkland team was led by restructuring partners Thomas Jemmett and Kon Asimacopoulos and included restructuring partner Sarah Ullathorne and associates Krista Sirola, Arwyn Davies, Sophia Rossi and Fiona Ling; investment funds partners Anand Damodaran and Edward Prestwich and associate Philipp Ershov; capital markets partner Tim Volkheimer and associate William Taylor; tax partners Mavnick Nerwal, Rebecca Hill, Emma Faulkner-Hill, Steven Cantor and Anthony Sexton and associate Alex Piggott; technology and IP transactions partner Jacqueline Clover and associate Luke Vaz; and antitrust & competition partner Matthew Sinclair-Thomson.

Feb 14

1 min

Kirkland & Ellis is advising TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform, and GIC, a leading global investor, on the financing for the agreement to acquire Techem Group. Techem will be acquired for a total consideration of approximately €6.7 billion. The transaction is expected to close in the first half of 2025, subject to customary conditions and regulatory approvals. Techem is a leading service provider for smart and sustainable buildings, servicing more than 13 million dwellings with over 62 million digital measuring devices on its platform. The Kirkland team is led by debt finance partners Dan Borg and Leon Daoud and capital markets partners Tim Volkheimer and Rohan Sahai, with assistance from debt finance partners Tom Roberts and Natasha Smith and associates Ashley Bannister, Oliver Clayson and Aram Valesyan, tax partners Sam Trowbridge and Mavnick Nerwal and financial services regulatory partner Emma Reid.

Oct 1

1 min

Kirkland & Ellis advised APCOA Group GmbH (APCOA), a leading parking operator, on its sale of APCOA’s Belgian subsidiary, APCOA Belgium NV, including a 50% stake in ParcBrux BV (the remaining 50% being already owned by Indigo Group) and a 50% stake in Maatschap Parkeren Leuven (the remaining 50% being retained by the joint venture partner), to Indigo Group. Read APCOA’s press release The Kirkland team was led by corporate partner Aprajita Dhundia and associates Joseph O'Brien, Joe Timmins and Maximilian Liegl; debt finance partner Jerome Hoyle and associate Cristina Poon; capital markets partner Tim Volkheimer and associates Elio Gaarthuis and William Taylor; and tax partner Peter Abbott and associates Hugo Coleman and Iarlaith McCarthy-Hann.

Sep 4

1 min

Kirkland & Ellis advised TPG Rise Climate and GIC in connection with the offering of €750 million senior secured notes as part of their €6.7 billion leveraged buyout of Techem. Pending consummation of the acquisition, the proceeds from the offering of the notes will be held in a segregated bank account controlled by the bond issuer. Techem is a service provider for smart and sustainable buildings, servicing more than 13 million dwellings with more than 62 million digital measuring devices on its platform. The Kirkland team included capital markets lawyers Tim Volkheimer, Rohan Sahai, Will Taylor and Hayley Stoate; debt finance lawyers Daniel Borg, Leon Daoud, Jörg Weber, Ashley Bannister and Daniel Beck; tax lawyers Jared Rusman, Michael Ehret, Nicole Martin and Emanuel Götz; and restructuring lawyer Michael Berger.

Nov 21

1 min