AKD appoints Lennart Crain to join its fast growing M&A practice. Crain joins AKD on 1 January 2017.

Carlos Pita Cao, Head of Corporate M&A at AKD:  ,,Lennart's arrival accelerates our expanding M&A practice. Over the past years Lennart had a leading role in high-profile transactions. His addition to AKD's M&A team fits within our international growth strategy for the transactional practice, as did the recent expansion of AKD in Luxembourg. Lennart's experience and expertise, including sell-side auction mandates, will be most welcome at AKD. Within the M&A team Lennart will focus on financial institutions.''

Crain arrives from De Brauw Blackstone Westbroek where he mainly specialized in M&A work for financial institutions, the tech industry and private equity.

Lennart Crain on joining AKD: ,,I am delighted to take on this unique opportunity. The M&A practice of AKD shows distinct growth, embedded in a dynamic environment and no-nonsense culture. I look forward to further building and strengthening AKD's M&A activities with its enthusiastic team.''

Recently Crain was involved in:

• NXP's merger with US-headquartered Freescale Semiconductor at a combined enterprise value of USD 40 billion, and the related remedy-sale of NXP's RF Power business to Chinese private equity investor JAC Capital for USD 1.8 billion;
• The EC-mandated auction sale of Reaal/Vivat to China's Anbang;
• Private equity transactions in various industries, including the auction sales of AXENT Verzekeringen and Nationale Borg.