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Gunther Wagner

Partner at Hengeler Mueller

Lawyer

Munich

Deal Bio

Total Deals79

Valued Deals29

Total Value£ 48.58 B

Avg. Deal Size£ 1.68 B

Market Context

Awards

2024 Top Tax Lawyers in EMEA

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30 Jul 2018|United States|Knowledge Process Outsourcing

Target: GFK CUSTOM RESEARCH LLC

Bidder: IPSOS SA

6 Service Providers

1 Target | 2 Bidder | 3 Vendor

46 Dealmakers

2 Target | 21 Bidder | 23 Vendor

£ 93 M

Value

27 Mar 2019|Germany|Health Care Facilities

Target: ZENTRUM GESUNDHEIT

Bidder: NORD HOLDING

3 Service Providers

1 Target | 1 Bidder | 1 Vendor

13 Dealmakers

1 Target | 1 Bidder | 11 Vendor

n/a

Value

08 May 2019|Germany|Food Retailers and Wholesalers

Target: REAL GMBH

Bidder: X+BRICKS AG

17 Service Providers

9 Bidder | 7 Vendor

171 Dealmakers

132 Bidder | 39 Vendor

£ 897 M

Value

14 Aug 2019|Germany|Pharmaceuticals

Target: OMNICARE

Bidder: EQUISTONE PARTNERS

14 Service Providers

6 Target | 8 Bidder

33 Dealmakers

24 Target | 9 Bidder

n/a

Value

03 Dec 2019|Germany|Medical Equipment

Target: ONDAL HOLDING

Bidder: IK PARTNERS

9 Service Providers

1 Target | 5 Bidder | 3 Vendor

30 Dealmakers

2 Target | 9 Bidder | 19 Vendor

n/a

Value

19 Nov 2019|Germany|Entertainment

Target: WIEDEMANN & BERG TELEVISION

Bidder: KKR & CO

5 Service Providers

1 Target | 3 Bidder | 1 Vendor

21 Dealmakers

3 Target | 17 Bidder | 1 Vendor

n/a

Value

10 Dec 2019|Germany|Alternative Electricity

Target: MERKUR OFFSHORE WIND FARM

Bidder: THE RENEWABLES INFRASTRUCTURE GROUP LIMITED

11 Service Providers

4 Bidder | 7 Vendor

12 Dealmakers

6 Bidder | 6 Vendor

n/a

Value

11 Jul 2020|Czechia|Alternative Electricity

Target: INNOGY CESKA REPUBLIKA AS

Bidder: MVM GROUP

9 Service Providers

2 Target | 3 Bidder | 4 Vendor

27 Dealmakers

2 Target | 3 Bidder | 22 Vendor

n/a

Value

03 Jan 2020|Switzerland|Pharmaceuticals

Target: SHL MEDICAL

Bidder: EQT PARTNERS

9 Service Providers

3 Target | 6 Bidder

47 Dealmakers

15 Target | 32 Bidder

n/a

Value

26 May 2020|Germany|Renewable Energy Equipment

Target: SIEMENS ENERGY AG

Bidder: INSTITUTIONAL INVESTORS

16 Service Providers

10 Target | 6 Vendor

36 Dealmakers

1 Target | 35 Vendor

£ 8.00 B

Value

06 Oct 2020|United Kingdom|Food Products

Target: CSM INGREDIENTS

Bidder: INVESTINDUSTRIAL

19 Service Providers

11 Bidder | 8 Vendor

92 Dealmakers

66 Bidder | 26 Vendor

£ 736 M

Value

29 Oct 2020|Germany|Electronic Components and Equipment

Target: FLENDER

Bidder: THE CARLYLE GROUP INC

15 Service Providers

1 Target | 8 Bidder | 6 Vendor

75 Dealmakers

2 Target | 54 Bidder | 19 Vendor

£ 1.83 B

Value

02 Nov 2020|Germany|Digital Services

Target: FLASCHENPOST

Bidder: DR. AUGUST OETKER KG

12 Service Providers

7 Target | 3 Bidder | 2 Vendor

69 Dealmakers

35 Target | 27 Bidder | 7 Vendor

£ 898 M

Value

07 Jan 2021|Germany|Software

Target: ARXES-TOLINA

Bidder: NETGO

6 Service Providers

1 Target | 5 Bidder

16 Dealmakers

1 Target | 15 Bidder

n/a

Value

25 Mar 2021|Germany|Electronic Equipment: Other

Target: ESG MOBILITY

Bidder: COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION

4 Service Providers

1 Target | 1 Bidder | 2 Vendor

20 Dealmakers

1 Target | 5 Bidder | 14 Vendor

n/a

Value

07 May 2021|United States|Electronic Equipment: Other

Target: SENNHEISER (CONSUMER ELECTRONICS BUSINESS)

Bidder: SONOVA HOLDING AG

12 Service Providers

5 Bidder | 7 Vendor

68 Dealmakers

33 Bidder | 35 Vendor

£ 173 M

Value

18 May 2021|Germany|Health Care Facilities

Target: AKG REHA-ZENTRUM

Bidder: MEDIAN KLINIKEN

3 Service Providers

1 Target | 2 Bidder

8 Dealmakers

1 Target | 7 Bidder

n/a

Value

12 Mar 2021|Germany|IT Services: Other

Target: CEMA AG

Bidder: WATERLAND PRIVATE EQUITY

4 Service Providers

2 Target | 2 Bidder

11 Dealmakers

3 Target | 8 Bidder

n/a

Value

29 Jun 2021|Germany|Gaming

Target: PRO GAMERS GROUP

Bidder: HAL HOLDING NV

11 Service Providers

4 Target | 4 Bidder | 3 Vendor

39 Dealmakers

3 Target | 17 Bidder | 19 Vendor

£ 450 M

Value

12 Aug 2021|United States|Footwear

Target: REEBOK

Bidder: AUTHENTIC BRANDS GROUP LLC

14 Service Providers

1 Target | 9 Bidder | 4 Vendor

53 Dealmakers

1 Target | 23 Bidder | 29 Vendor

£ 1.78 B

Value

01 Sep 2021|Germany|Health Care Facilities

Target: ATOS GROUP

Bidder: INTERMEDIATE CAPITAL GROUP (ICG)

5 Service Providers

1 Target | 1 Bidder | 3 Vendor

12 Dealmakers

1 Target | 1 Bidder | 10 Vendor

n/a

Value

05 Jan 2022|Germany|Electronic Components and Equipment

Target: SIEMENS AG (YUNEX BUSINESS)

Bidder: ATLANTIA SPA

10 Service Providers

6 Bidder | 3 Vendor

76 Dealmakers

19 Bidder | 15 Vendor

£ 811 M

Value

10 Jan 2022|Germany|Household Furnishings

Target: BRUNO INTERIOR GMBH

Bidder: WATERLAND PRIVATE EQUITY

7 Service Providers

1 Target | 3 Bidder | 3 Vendor

36 Dealmakers

1 Target | 19 Bidder | 16 Vendor

n/a

Value

14 Jan 2022|Germany|Transportation Services

Target: DUVENBECK LOGISTICS

Bidder: WATERLAND PRIVATE EQUITY

4 Service Providers

1 Target | 3 Bidder

33 Dealmakers

2 Target | 31 Bidder

n/a

Value

09 Feb 2022|Germany|Express Courier / Parcels

Target: SIEMENS AG (GLOBAL MAIL AND PARCEL BUSINESS)

Bidder: KORBER AG

10 Service Providers

6 Bidder | 4 Vendor

68 Dealmakers

48 Bidder | 20 Vendor

£ 964 M

Value

17 Feb 2022|United Kingdom|Containers and Packaging

Target: MONDI GROUP (PERSONAL CARE COMPONENTS BUSINESS)

Bidder: NITTO DENKO

10 Service Providers

5 Bidder | 5 Vendor

45 Dealmakers

13 Bidder | 32 Vendor

£ 515 M

Value

10 Mar 2022|Germany|Pharmaceuticals

Target: BAYER AG (PEST CONTROL UNIT)

Bidder: CINVEN LTD

14 Service Providers

1 Target | 9 Bidder | 4 Vendor

79 Dealmakers

1 Target | 49 Bidder | 31 Vendor

£ 1.98 B

Value

28 Apr 2022|Germany|Semiconductors

Target: ARIOSO SYSTEMS

Bidder: ROBERT BOSCH GMBH

3 Service Providers

1 Target | 2 Bidder

17 Dealmakers

1 Target | 16 Bidder

n/a

Value

08 Jun 2022|Germany|Data Centers and Hosting

Target: CONTABO

Bidder: KKR & CO

12 Service Providers

4 Target | 5 Bidder | 3 Vendor

39 Dealmakers

15 Target | 20 Bidder | 6 Vendor

£ 59 M

Value

10 Feb 2022|Brazil|Household Appliance

Target: ROBERT BOSCH GMBH (VACUUM AND HYDRAULIC PUMP)

Bidder: WEIFU HIGH-TECH GROUP

7 Service Providers

3 Bidder | 4 Vendor

25 Dealmakers

9 Bidder | 16 Vendor

n/a

Value

06 Sep 2022|Germany|Software

Target: HORNETSECURITY

Bidder: TA ASSOCIATES

11 Service Providers

3 Target | 3 Bidder | 5 Vendor

37 Dealmakers

5 Target | 15 Bidder | 17 Vendor

n/a

Value

20 Dec 2022|Germany|Machinery: Construction

Target: GHH GROUP

Bidder: KOMATSU LTD

5 Service Providers

1 Target | 4 Bidder

46 Dealmakers

2 Target | 44 Bidder

n/a

Value

15 Dec 2022|Germany|Machinery: Industrial

Target: WITTE PUMPS & TECHNOLOGY GMBH

Bidder: DOVER CORPORATION

4 Service Providers

2 Target | 2 Bidder

26 Dealmakers

10 Target | 16 Bidder

n/a

Value

17 Jan 2023|Germany|Luxury Items

Target: CHRIST GMBH

Bidder: MORELLATO

17 Service Providers

1 Target | 13 Bidder | 3 Vendor

35 Dealmakers

1 Target | 28 Bidder | 6 Vendor

n/a

Value

06 Mar 2023|Germany|Facilities Technology

Target: GEGENBAUER GROUP

Bidder: APLEONA

7 Service Providers

1 Target | 6 Bidder

24 Dealmakers

2 Target | 22 Bidder

n/a

Value

01 Dec 2022|Singapore|Construction Services

Target: VINZERO

Bidder: ARKANCE

7 Service Providers

1 Target | 2 Bidder | 4 Vendor

34 Dealmakers

1 Target | 5 Bidder | 28 Vendor

n/a

Value

13 Apr 2023|United States|Diversified Industrials

Target: BERG PIPE

Bidder: BORUSAN GROUP

3 Service Providers

1 Bidder | 2 Vendor

9 Dealmakers

1 Bidder | 8 Vendor

£ 130 M

Value

31 Mar 2023|Austria|Production Technology Equipment

Target: INNIO

Bidder: ABU DHABI INVESTMENT AUTHORITY (ADIA)

9 Service Providers

2 Target | 1 Bidder | 6 Vendor

59 Dealmakers

7 Target | 2 Bidder | 50 Vendor

£ 1.99 B

Value

15 Jun 2023|Germany|Software

Target: ATOSS SOFTWARE

Bidder: GENERAL ATLANTIC LLC

3 Service Providers

2 Target | 1 Bidder

11 Dealmakers

10 Target | 1 Bidder

n/a

Value

06 Jul 2023|Germany|Brewers

Target: BORCO-MARKEN-IMPORT MATTHIESEN

Bidder: STOCK SPIRITS GROUP PLC

5 Service Providers

3 Target | 2 Bidder

17 Dealmakers

15 Target | 2 Bidder

n/a

Value

19 Jul 2023|Germany|Aerospace

Target: RUAG INTERNATIONAL (AEROSTRUCTURES GERMANY & HUNGARY UNIT)

Bidder: MUBEA GROUP

3 Service Providers

2 Bidder | 1 Vendor

23 Dealmakers

21 Bidder | 2 Vendor

n/a

Value

24 Jul 2023|Germany|Other Specialty REITs

Target: VGP / DEKA IMMOBILIEN JOINT VENTURE

Bidder: VGP NV

3 Service Providers

3 Bidder

8 Dealmakers

8 Bidder

£ 952 M

Value

28 Sep 2023|Germany|Financial Data and Systems

Target: HERTER & CO

Bidder: TENEO

6 Service Providers

2 Target | 4 Bidder

19 Dealmakers

1 Target | 18 Bidder

n/a

Value

02 Oct 2023|Germany|Auto Services

Target: BEHR-HELLA THERMOCONTROL

Bidder: AUO CORPORATION

9 Service Providers

1 Target | 4 Bidder | 4 Vendor

33 Dealmakers

1 Target | 21 Bidder | 11 Vendor

£ 519 M

Value

17 May 2023|Germany|Digital Services

Target: GLOCKLER & LAUER

Bidder: NETGO

3 Service Providers

1 Target | 2 Bidder

7 Dealmakers

1 Target | 6 Bidder

n/a

Value

10 May 2023|Germany|Software

Target: NITSCHE GMBH

Bidder: NETGO

3 Service Providers

1 Target | 2 Bidder

7 Dealmakers

1 Target | 6 Bidder

n/a

Value

14 Nov 2023|Germany|Data Centers and Hosting

Target: VISABLE

Bidder: ALIBABA GROUP HOLDING LIMITED

6 Service Providers

1 Target | 2 Bidder | 3 Vendor

29 Dealmakers

1 Target | 16 Bidder | 12 Vendor

n/a

Value

22 Nov 2023|Ireland|Diversified Materials

Target: CRH PLC (LIME OPERATIONS IN EUROPE)

Bidder: SIGMAROC PLC

16 Service Providers

12 Bidder | 4 Vendor

94 Dealmakers

72 Bidder | 22 Vendor

£ 877 M

Value

30 Nov 2023|Germany|IT Services: Other

Target: ITGRATION GMBH

Bidder: WATERLAND PRIVATE EQUITY

3 Service Providers

1 Target | 2 Bidder

8 Dealmakers

2 Target | 6 Bidder

n/a

Value

05 Dec 2023|Germany|IT Services: Other

Target: ESG

Bidder: HENSOLDT

9 Service Providers

1 Target | 5 Bidder | 3 Vendor

62 Dealmakers

2 Target | 40 Bidder | 21 Vendor

£ 578 M

Value

18 Dec 2023|United States|Software

Target: STREAMSETS

Bidder: IBM CORPORATION

14 Service Providers

7 Bidder | 7 Vendor

95 Dealmakers

42 Bidder | 53 Vendor

£ 1.83 B

Value

13 Mar 2024|Germany|Medical Services

Target: OTTOBOCK

Bidder: NÄDER HOLDING

18 Service Providers

7 Target | 5 Bidder | 6 Vendor

77 Dealmakers

9 Target | 38 Bidder | 31 Vendor

n/a

Value

09 Jan 2024|Germany|Auto Services

Target: HELLA (PEOPLE SENSING BUSINESS)

Bidder: CAPVIS EQUITY PARTNERS AG

4 Service Providers

3 Bidder | 1 Vendor

17 Dealmakers

16 Bidder | 1 Vendor

n/a

Value

05 Mar 2024|Germany|Information / Data Services

Target: MSYSTEMS IT-SOLUTIONS GMBH

Bidder: NETGO

5 Service Providers

2 Target | 3 Bidder

8 Dealmakers

1 Target | 7 Bidder

n/a

Value

09 Apr 2024|Germany|Food Retailers and Wholesalers

Target: MOTEL ONE

Bidder: ONE HOTELS & RESORTS

5 Service Providers

1 Target | 1 Bidder | 3 Vendor

21 Dealmakers

2 Target | 10 Bidder | 9 Vendor

£ 1.07 B

Value

17 Apr 2024|Germany|Software

Target: SOLVARES GROUP

Bidder: FIVE ARROWS PRINCIPAL INVESTMENTS

10 Service Providers

2 Target | 6 Bidder | 2 Vendor

30 Dealmakers

1 Target | 26 Bidder | 3 Vendor

n/a

Value

26 Apr 2024|Germany|Auto Technology

Target: MA MICRO AUTOMATION

Bidder: HITACHI LTD

7 Service Providers

1 Target | 3 Bidder | 3 Vendor

44 Dealmakers

1 Target | 26 Bidder | 18 Vendor

£ 61 M

Value

16 May 2024|Germany|Machinery: Specialty

Target: INNOMOTICS

Bidder: KPS CAPITAL PARTNERS

19 Service Providers

2 Target | 15 Bidder | 2 Vendor

115 Dealmakers

39 Target | 48 Bidder | 28 Vendor

£ 3.00 B

Value

05 Jun 2024|Germany|Consumer Services: Other

Target: LIFEFIT GROUP

Bidder: WATERLAND PRIVATE EQUITY

9 Service Providers

3 Target | 3 Bidder | 3 Vendor

63 Dealmakers

3 Target | 24 Bidder | 36 Vendor

n/a

Value

03 Jun 2024|Germany|Real Estate Holding and Development

Target: INTERBODEN

Bidder: ARROW GLOBAL GROUP PLC

3 Service Providers

1 Target | 2 Bidder

15 Dealmakers

1 Target | 14 Bidder

n/a

Value

27 May 2024|Germany|Machinery: Industrial

Target: DIEHL GROUP

Bidder: APLEONA

4 Service Providers

1 Target | 3 Bidder

21 Dealmakers

1 Target | 20 Bidder

n/a

Value

26 Jun 2024|Germany|Digital Services

Target: DACOSO

Bidder: WATERLAND PRIVATE EQUITY

4 Service Providers

1 Target | 3 Bidder

27 Dealmakers

3 Target | 24 Bidder

n/a

Value

13 Sep 2024|Germany|Railroads

Target: DB SCHENKER

Bidder: DSV PANALPINA A/S

16 Service Providers

1 Target | 10 Bidder | 5 Vendor

100 Dealmakers

3 Target | 60 Bidder | 37 Vendor

£ 12.07 B

Value

03 Oct 2024|Germany|Plastics

Target: LANXESS (URETHANE SYSTEMS BUSINESS)

Bidder: UBE INDUSTRIES

5 Service Providers

1 Bidder | 4 Vendor

40 Dealmakers

40 Vendor

£ 416 M

Value

31 Oct 2024|Germany|Third Party Logistics (3PL)

Target: SIEMENS LOGISTICS

Bidder: VANDERLANDE INDUSTRIES BV

9 Service Providers

1 Target | 4 Bidder | 4 Vendor

80 Dealmakers

1 Target | 66 Bidder | 14 Vendor

£ 250 M

Value

27 Nov 2024|Germany|Software

Target: PLENTYONE

Bidder: PROVIDENCE STRATEGIC GROWTH (PSG)

7 Service Providers

3 Target | 4 Bidder

16 Dealmakers

3 Target | 13 Bidder

n/a

Value

21 Nov 2024|Germany|Transportation Services

Target: SANDER LOGISTICS

Bidder: DUVENBECK LOGISTICS

3 Service Providers

1 Target | 2 Bidder

9 Dealmakers

1 Target | 8 Bidder

n/a

Value

14 Feb 2025|Germany|Real Estate Services

Target: APLEONA

Bidder: BAIN CAPITAL LP

16 Service Providers

2 Target | 7 Bidder | 7 Vendor

58 Dealmakers

8 Target | 11 Bidder | 39 Vendor

£ 3.33 B

Value

03 Mar 2025|Germany|Food Retailers and Wholesalers

Target: MOTEL ONE

Bidder: PAI PARTNERS

13 Service Providers

2 Target | 9 Bidder | 2 Vendor

37 Dealmakers

1 Target | 22 Bidder | 14 Vendor

£ 2.31 B

Value

30 Jan 2025|Germany|Digital Services

Target: NOVATEC

Bidder: CGI GROUP INC

3 Service Providers

1 Target | 2 Bidder

19 Dealmakers

1 Target | 18 Bidder

n/a

Value

26 Feb 2025|Germany|Software

Target: CHECKMK

Bidder: PROVIDENCE STRATEGIC GROWTH (PSG)

4 Service Providers

2 Target | 2 Bidder

28 Dealmakers

1 Target | 27 Bidder

n/a

Value

02 Apr 2025|Germany|Diversified Financials

Target: WTS GROUP

Bidder: EQT PARTNERS

8 Service Providers

4 Target | 4 Bidder

43 Dealmakers

25 Target | 18 Bidder

n/a

Value

17 Feb 2025|Germany|Real Estate Services

Target: APLEONA

Bidder: MUBADALA INVESTMENT COMPANY

5 Service Providers

1 Target | 2 Bidder | 2 Vendor

22 Dealmakers

1 Target | 10 Bidder | 11 Vendor

n/a

Value

27 Feb 2025|Germany|Machinery: Industrial

Target: BORSIG

Bidder: NGK INSULATORS

5 Service Providers

1 Target | 2 Bidder | 2 Vendor

38 Dealmakers

1 Target | 26 Bidder | 12 Vendor

n/a

Value

12 Mar 2025|Germany|Recreational Services

Target: FIT/ONE GROUP

Bidder: LIFEFIT GROUP

6 Service Providers

6 Bidder

19 Dealmakers

19 Bidder

n/a

Value

25 Jul 2025|Germany|Health Care Facilities

Target: CURA GROUP (TWO HOSPITALS IN BAD SAULGAU)

Bidder: MEDIAN GROUP

4 Service Providers

2 Bidder | 2 Vendor

25 Dealmakers

8 Bidder | 17 Vendor

n/a

Value

09 Apr 2025|Germany|Software

Target: IDGARD

Bidder: DRIVELOCK SE

5 Service Providers

1 Target | 4 Bidder

13 Dealmakers

1 Target | 12 Bidder

n/a

Value

08 Jul 2025|Germany|Software

Target: MEHRWERK

Bidder: FORTINO CAPITAL PARTNERS

4 Service Providers

1 Target | 1 Bidder | 2 Vendor

14 Dealmakers

1 Target | 1 Bidder | 13 Vendor

n/a

Value

17 Jul 2025|Germany|IT Services: Other

Target: CONNECT ORGANISATION UND NETZWERK GMBH

Bidder: NETGO

4 Service Providers

1 Target | 3 Bidder

8 Dealmakers

2 Target | 6 Bidder

n/a

Value