RSM France and RSM Ebner Stolz carried out the vendor due diligence for the shareholders of PM Studio GmbH during their capital investment by Andera Partners

RSM, the 6th largest global network of audit and consulting firms, carried out the vendor due diligence in taxation for the shareholders of PM Studio GmbH, a German designer and manufacturer of promotional items and packaging, during the capital investment by Andera Partners.

A multidisciplinary Franco-German team, composed of RSM partners Dr. Wolfgang Klövekorn and Cécile Guyot, along with their teams, assisted the shareholders of PM Studio in this first LBO (Leveraged Buyout).

Through this transaction, RSM strengthens its role as a tax advisory partner for European middle-market companies.

Ebner Stolz advised the shareholders of PM Studio GmbH (PM Studio) on the entry of French private equity firm Andera Partners into the capital of the company, acquiring an indirect stake of approximately 40% in PM Studio GmbH during the group’s first LBO.

RSM Ebner Stolz, in collaboration with RSM France, supported the shareholders by conducting a vendor due diligence and structuring the transaction from a tax perspective.

The PM Studio Group, founded in 2018 following the merger of a French and a German company, has since established itself as one of the leading developers and manufacturers of promotional items and packaging, particularly for the luxury, beauty, and cosmetics sectors. With an average annual growth rate of over 30% and a revenue of more than €70 million, the group currently employs more than 80 people in Europe, China, and the United States, and collaborates with top luxury brands to design innovative and environmentally friendly products.

Andera Partners' equity investment will help finance PM Studio Group’s future growth and development, with a focus on innovation, enhancing its environmental approach, and accelerating digitalization. The goal of this partnership is to position the PM Studio Group as the European leader in the luxury packaging and high-end promotional items market.

RSM Ebner Stolz, in cooperation with RSM France, supported the sale process by carrying out vendor due diligence and structuring the transaction from a tax perspective.