Chatham Partners advises Arcus on the acquisition of German submetering provider Officium

Led by its partners Dr. Rüdiger Zeller and Felix Fischer, Chatham Partners advised Arcus Infrastructure Partners (Arcus) on the acquisition of the German submetering provider Officium Holding GmbH (Officium) by the fund Arcus European Infrastructure Fund 3 SCSp. Officium was acquired from EMERAM, a Munich-based Growth Buyout Investor for midcap companies in the German speaking regions.

Officium provides long-term rental of submetering equipment and related services for the measurement of heat and water consumption within multi-dwelling properties in Germany. The portfolio consists of over one million submetering devices which are leased on a long-term basis to building owners and property managers.

Chatham Partners comprehensively advised Arcus throughout the entire transaction, in particular on the due diligence as well as on the transaction agreements and on the merger control. The legal advice also covered the management participation of the CEO of Officium who will remain in office and support Officium’s further development.

The contact was established through Chatham Partners’ London-based Of Counsel Nick Bliss. Chatham Partners was able to demonstrate the capabilities of its newly established transaction team, which was able to swiftly complete this transaction in close collaboration with the energy law team.

The Chatham Partners team for Arcus consisted of:

• Dr. Rüdiger Zeller, Linn Lehne, Malte Bever (M&A)
• Felix Fischer, Thomas Hinrichsen, Hannah Randau (Energy)
• Jochen Wilkens (Finance)
• Dr. Michael Dettmeier (Tax)
• Dr. Christos Paraschiakos, Miriam le Bell, Jonas Versen (EU/Competition)

EmLab advised Arcus on the employment law questions of the transaction with a team around Dr. Katrin Stamer and Christopher Krois. IP/IT issues were handled by a team around Kai-Uwe Plath and Dr. Enno ter Hazeborg (KNPZ).