P+P advises Odewald KMU on sale of 7days Group

The German private equity firm Odewald KMU (Berlin) has sold the 7days Group, a provider of occupational clothing for the healthcare industry, to Silverfleet Capital. The company founders Marc Staperfeld and Ulrich Dölken will remain invested in the company by way of a reinvestment.

7days designs, produces and distributes occupational clothing for the medical professions. Their product range includes doctors' and lab coats, tops, pants, shoes and accessories. There is a particular focus on the offering for medical and dental practices. The company was founded in 1999 and its headquarters are located in Lotte bei Osnabrück.

Odewald KMU invests in medium-sized, established companies with a record of strong growth within the German-speaking (DACH) region. Investors are primarily institutional German asset management companies and wealthy private investors.

P+P Pöllath + Partners regularly advises Odewald KMU on tax matters.

On this transaction, Odewald KMU was advised on tax matters by:

• Alexander Pupeter (partner, M&A/private equity, tax, Munich) and
• Mareen Glaab (associate, M&A/private equity, tax, Munich).