Carlsquare advised the private equity firm Lafayette Mittelstand Capital (“Lafayette”) on the sale of mdexx inductive electronics GmbH, mdexx Magnetronic Devices GmbH, mdexx Magnetronic Devices s.r.o., and Michael Riedel Transformatorenbau GmbH (“mdexx” and “Michael Riedel”) to AQ Group AB (“AQ Group”). Signing of the transaction has occurred on 20th December 2024 and closing is expected in the first quarter of 2025, pending governmental approvals.