Bird & Bird LLP has advised European private equity firm Vitruvian Partners on its investment in ClimatePartner. This makes Vitruvian a new minority shareholder of the ClimatePartner group, enabling ClimatePartner to expand its solutions and contribution to tackling climate change even further and faster.
ClimatePartner is a pioneer and innovation leader in corporate climate action. Founded in 2006, it operates across 35 countries with more than 300 employees serving over 4,500 customers. With its solutions, it helps companies to calculate and reduce their carbon emissions and offset residual emissions through a broad portfolio of strictly certified carbon offset projects. The carbon neutrality thus achieved is confirmed by the recognised "carbon neutral" label.
Vitruvian’s investment is from its fourth fund, the €4.0 billion Vitruvian Investment Partnership IV, which is one of the largest pools of capital in Europe supporting innovative and high-growth companies. As a high-growth investor with several successful investments in sustainability, Vitruvian Partners will enable Climate Partner in its continued expansion to become one of the globally leading climate action solution providers.
Vitruvian Partners was advised by the following Bird & Bird lawyers: partner Dr. Hans Peter Leube, LL.M., (Frankfurt) lead, counsels Marianne Nawroth (Frankfurt) and Dr. Christina Lorenz (Munich), associate Michael Maier (Frankfurt), all Corporate/M&A, counsel Johannes Wirtz , LL.M. (Frankfurt, Finance and Financial Regulation), partner Dr. Catharina Klumpp, LL.M. (Düsseldorf, Employment), partner Mascha Grundmann and associate Manuela Muelot (both Frankfurt, IP), partner Dr. Alexander Duisberg and associate Paulina Jacob (both Munich, Commercial), partner Dr. Matthias Lang and associate Dr. Tobias Büscher (both Düsseldorf, Energy & Utilities), partner Dr. Stephan Waldheim and associate Tamy Tietze (both Düsseldorf, FDI and Competition).
