DLA Piper assists Herkules Private Equity IV in connection with the sale of Beckmann to Shanghai M&G Stationery Inc.

Herkules Private Equity Fund IV ("HPEF IV") has entered into an agreement to sell Beckmann, a market leading backpack company, to Shanghai M&G Stationery Inc.  M&G is a Chinese publicly listed stationary company.

HPEF IV invested in Beckmann in August 2017, and over the past four years, Beckmann has more than doubled its size and the growth has primarily come from international markets.

HPEF IV has been advised by a transaction team led by Christian P. N. Fenner assisted by associates Trym Bjørndal, Dina Jørstad and Robert Ødegaard as well as partner Magnus Brox.