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    Home /  Lawyers /  Stephan Rauch

    Stephan Rauch

    Partner

    Stephan Rauch Headshot Photo Portrait backdrop

    Frankfurt

    +49-69-4272-5200

    |

    rauchs@sullcrom.com

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    Dr. Stephan Rauch advises European and U.S. clients from an extensive list of industries on complex public and private M&A transactions, general corporate measures, and equity capital markets transactions relating to M&A.

    Dr. Rauch has represented and advised industry-leading clients in a wide range of innovative and groundbreaking M&A transactions, often developing novel deal structures and implementing first-of-its-kind transaction concepts.

    He also advises clients on general corporate measures such as transformational transactions (e.g., carve-outs), shareholder meetings and post-transaction measures such as squeeze-outs. Dr. Rauch’s experience advising clients on M&A-related equity capital markets transactions rounds out his practice.

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    Spotlight

    S&C Shortlisted for Financial Times’ Innovative Lawyers Europe Award for Bosch’s $8B Acquisition of Residential and Light Commercial HVAC Business from Johnson Controls and Hitachi

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    Two S&C Deals Recognized as ‘Deals of the Year’ 2024 by China Business Law Journal

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    Peter Klormann and Stephan Rauch Named to ‘40 under 40’ List for Corporate/M&A by JUVE

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    S&C Advises Bosch in $8 Billion Acquisition of Residential and Light Commercial HVAC Business from Johnson Controls and Hitachi

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    Arnaud Berdou, Stephan Rauch and Matthew Triggs Co-Author Article on European PIPE Transactions for Law360

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    • Experience
    • Rankings and Recognitions
    • News
    • Publications, Videos and Podcasts
    • Credentials
    • Related Practices
    Experience

    Experience

    Selected M&A/Corporate transactions

    • Axioma in its acquisition by Deutsche Börse for $850 million cash and debt free 
    • Bayer in its definitive agreement with Elanco Animal Health for Elanco to acquire Bayer’s Animal Health business in a transaction valued at $7.6 billion
    • Bosch in the acquisition of the global HVAC business for residential and light commercial buildings from Johnson Controls, including 100 percent interest in its joint venture with Hitachi, for approximately $8 billion
    • Cevian in connection with the sale of the elevator business of Thyssen-Krupp for €17.2 billion

    • Morgan Stanley Infrastructure Partners in the takeover and subsequent delisting of VTG 
    • Porsche Automobil Holding (Porsche SE) on the €10.1 billion acquisition of 25% of the ordinary voting shares of Porsche AG from Volkswagen AG (concurrent with the Porsche IPO) 
    • Praxair on (i) the $80 billion merger of equals with Linde, (ii) the €2.8 billion squeeze-out of the minority shareholders of Linde following the merger and (iii) the representation of Linde in the appraisal proceedings following the squeeze-out 
    • Schaeffler in the complex merger with Vitesco Technologies to create a leading Motion Technology Company

    Further M&A and capital markets transactions

    • 468 SPAC I on its €300 million private placement and listing on the Frankfurt Stock Exchange and its business combination with Boxine GmbH, valuing the combined company tonies SE at a pro forma equity value of €990 million
    • Apeiron on its PIPE investment in Armada Acquisition Corp. in connection with Armada’s entry into a business combination agreement with Rezolve
    • Lakestar SPAC on its €275 million private placement and listing on the Frankfurt Stock Exchange and its €1.2 billion (equity value) merger with HomeToGo, the first German De-SPAC deal of its kind 
    • Rocket Internet on its delisting by way of a public self-tender delisting offer 
    • TLG IMMOBILIEN in connection with (i) its €1.5 billion acquisition of a 15% stake in Aroundtown and the subsequent €25 billion business combination, (ii) its public takeover of WCM and (iii) the publication of its securities prospectus for its mandatory public settlement offer to minority shareholders of WCM
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    Rankings and Recognitions

    Rankings and Recognitions

    • “40 under 40” list of future Corporate/M&A leaders in the legal industry in Germany, JUVE, 2025
    • “Ones to Watch” for Corporate/M&A and Capital Markets, Best Lawyers, since 2022
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    News

    News

    • S&C Advises Bosch in $8 Billion Acquisition of Residential and Light Commercial HVAC Business from Johnson Controls and Hitachi

      July 23, 2024
    • S&C Advises Schaeffler on Merger with Vitesco Technologies

      March 19, 2024
    • S&C Advises Schaeffler on Transformative Transaction to Build Leading Motion Tech Company

      October 11, 2023
    • S&C Advises Porsche SE in Record €10.1 billion Investment in Porsche AG

      September 29, 2022
    • S&C Advises Porsche Automobil Holding in Connection with Potential IPO of Porsche AG

      February 28, 2022
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    Publications, Videos and Podcasts

    Publications, Videos and Podcasts

    • Arnaud Berdou, Stephan Rauch and Matthew Triggs Co-Author Article on European PIPE Transactions for Law360

      Articles December 19, 2023
    • Carve-Out Transactions in Europe: Key Considerations and Recent Experiences

      Podcasts July 3, 2023
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    Credentials

    Credentials

    Education

    • Humboldt-Universität zu Berlin, Dr. iur., 2017
    • State of Berlin, 2. State Exam, 2016
    • Humboldt-Universität zu Berlin, 1. State Exam, 2013

    Bar Admissions

    • Frankfurt am Main, Germany

    Languages

    • English
    • German
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    Related Practices

    Related Practices

    • General Practice
    • Corporate Governance
    • Energy Transition
    • Europe
    • Mergers & Acquisitions
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