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Finsbury Glover Hering handles German media giant Axel Springer’s acquisition of Politico from Robert Allbritton.
Axel Springer also is acquiring the remaining 50 percent stake in Politico Europe and tech website Protocol.
Mathias Dopfner, CEO of Axel Springer, said Politico “disrupted digital political journalism and set new standards.”
He called it a “privilege and a special responsibility to shape the future of this outstanding media company.”
Launched in 2007, Politico has more than 500 journalists. Allbritton will remain its publisher.
Axel Springer also owns Insider and Morning Brew.
Finsbury Glover Hering, which is part of WPP, has Andrew Johnson and Sophia Templin representing Axel Springer.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
Kekst CNC represents Grant Thornton as it sells a majority stake in its US arm to New Mountain Capital, which relies on Goldin Solutions, in what is billed as the largest PE investment in the accounting and advisory sector.
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