Papapolitis & Papapolitis, working with Paul Weiss, has advised Oak Hill Advisors on its equity investment of up to EUR 115 million in IDEAL Holdings, with a co-investment right for an additional EUR 200 million over the next two years. Sarantitis and Reed Smith reportedly advised IDEAL Holdings.
According to Papapolitis & Papapolitis, the transaction established a corporate vehicle to hold IDEAL Holdings’ investments, with OHA acquiring a 15% stake and an option to increase its stake by an additional 10%.
The Papapolitis & Papapolitis team included Partners Elmina Chadio, Nikolas Katsaros, and Maria Karabella, Counsel Panayiotis Papageorgiou, Senior Associates Chrysoula Giannopoulou and Athanasia Stefanidou, and Associates Antonia Rountou and Charis Chatzioglou.
