Noerr advises Joint Global Coordinators on successful placement of new shares in HomeToGo SE

A Noerr team led by Julian Schulze De la Cruz has advised the joint global coordinators Cantor Fitzgerald, Hauck Aufhäuser and Stifel Europe on the successful placement of new shares in HomeToGo SE from a capital increase against cash contribution. A total of 53.1 million new shares have been placed in a private placement by way of an accelerated bookbuilding, resulting in gross proceeds of EUR 85.0 million.

The net proceeds from the capital increase will be used to partially finance the acquisition of Interhome by HomeToGo SE from Migros. The transaction will integrate Interhome as Europe’s second largest vacation rental management company into HomeToGo Group.Closing of the transaction is expected to take place in the first half of 2025, subject to regulatory approvals as well as other customary conditions.

The new shares will be included in the existing listing of HomeToGo SE's shares on the regulated market of the Frankfurt Stock Exchange (Prime Standard) on the basis of an exemption document prepared by HomeToGo SE.

Advisors to the Joint Global Coordinators: Noerr

Lead: Julian Schulze De la Cruz (partner, Capital Markets, Frankfurt)

Capital Markets: Philip Schmoll (associated partner), Holger Alfes (partner), Laurenz Wieneke (partner, all Frankfurt)

Advisors Inhouse:

Cantor Fitzgerald: Eleana Xenophontos, Max Grunwald

Hauck Aufhäuser Investment Banking: Christian Weber

Stifel Europe: Jörg Baumgartner