Shearman & Sterling advised the pan-European private equity firm Silverfleet Capital on the financing of the acquisition of a majority stake in 7days, a leading designer, manufacturer and supplier of medical workwear.
Founded in 1999 and based in Lotte, Germany, 7days is a vertically integrated online and mail order business, which supplies clothing and accessories to the healthcare industry, specifically medical practices and dentists. The company offers a comprehensive product portfolio designed exclusively for medical professionals that includes tunics, tops (polo shirts, sweatshirts, etc.), trousers, lab coats, shoes and accessories.
Silverfleet Capital is an independent European holding company investing in midmarket companies and has been a longstanding client of Shearman & Sterling. The Shearman & Sterling team led by Winfried M. Carli recently advised Silverfleet Capital on the financing of the acquisition of Pumpenfabrik Wangen.