POELLATH advises Springer Nature’s manage-ment on partial sale to single asset fund

Lead investor in the secondary transaction is institutional investor Neuberger Berman. According to BC Partners, existing investors in the ninth fund - which also included Springer Nature - and the current eleventh fund are also participating in the new fund.

Springer Nature Group is a global company that combines under one roof brands such as Springer, founded in 1842, Macmillan, founded in 1843, and Nature, first published in 1869. Springer Nature Group was formed in May 2015 through the merger of Nature Publishing Group, Macmillan Education and Springer Science+Business Media. Springer Nature’s primary owners are Holtzbrinck Publishing Group (HPG) and BC Partners. Stuttgart-based, family-owned company HPG holds a majority stake of 53 percent.

POELLATH provided comprehensive legal and tax advice to Springer Nature’s management on the partial sale to the new single asset fund with the following team:

• Dr. Barbara Koch-Schulte (partner, lead, legal and tax)
• Lorena Joana Echarri (senior associate, legal and tax, both Munich)

POELLATH advises the management of Springer Nature on management participation and transactional matters since 2013.