Elvinger Hoss Prussen advised on all Luxembourg corporate and financing legal matters relating to PSG’s acquisition of CHR Group, a European category leader in digital food safety, compliance, and foodservice management software for foodservice operators.
PSG will acquire a majority stake in the target, while existing investor Verto will remain a backer of the business.
PSG Equity’s investment in CHR Group is subject to customary regulatory approvals.
The team was led by partner Anna Hermelinski-Ayache, working in collaboration with counsel Mateusz Glowacki.