Addleshaw Goddard advises MCH Private Equity on the structuring of its continuation fund MCH Continuation Fund II FICC

Addleshaw Goddard has advised MCH Private Equity on the structuring and tax aspects of the new continuation fund launched by the private equity manager to continue its investment in Europastry, the Spanish leader in frozen dough.

This new vehicle, led by Ares Management and also backed by the European Investment Fund (EIF) and Newbury Bridgepoint, will enable MCH to extend its presence in Europastry, where it has been a shareholder since 2011. Collectively, the initial continuation fund and this new vehicle bring MCH’s aggregate commitment to Europastry to a total of 300 million euros.

The advice provided by Addleshaw Goddard was led by María de Orueta, Partner in the Funds practice, with the collaboration of Senior Associate Gonzalo Lozano, while the tax support was handled by Partner Alberto Ruano, together with Senior Associate Cristina Galán.