P+P advises Equistone on sale of Caseking

July 2018

Funds managed by Equistone Partners Europe have sold their majority stake in the Caseking Group to funds managed by Gilde Buy Out Partner.

Caseking is headquartered in Berlin and is a leading European provider of high-performance computer systems, PC components and accessories for the gaming sector. The company has 400 employees in its own business units in Germany, Great Britain, Scandinavia, Southern and Eastern Europe and Taiwan. Through a logisitics network of six warehouses, Caseking processes over 540,000 orders per year and ships approximately 4 million products worldwide. The service portfolio extends to trade with exclusive company brands, licensed brands and third-party brands.

Equistone acquired Caseking in March 2014. Since then, Caseking's turnover increased from EUR 96 m in fiscal year 2013-2014 to EUR 239 m in 2017-2018.

Equistone Partners Europe is one of the leading European private equity firms with a team of more than 35 investment specialists in six offices in Germany, Switzerland, France and Great Britain. Equistone invests primarily in established, medium-sized companies with a good market position and above-average growth potential.

P+P Pöllath + Partners comprehensively advised Equistone on all legal and tax matters with the following Munich-based team: