Berlin – A Team led by SMP partners Andreas Kortendick and Jens Kretzschmann has provided comprehensive tax advice to investment manager DTCP on the structuring of its investment in Open Dutch Fiber.
Open Dutch Fiber is an independent platform in which Kohlberg Kravis Roberts & Co. LLP (KKR) holds a majority stake and DTCP a minority stake. The company will deploy Fiber-to-the-Home (FttH) broadband in urban areas and areas with higher population density in the Netherlands, providing households and businesses with high-quality fiber connections. The rollout will start in the second quarter of 2021. With T-Mobile Netherlands, the leading mobile operator in the Netherlands, Open Dutch Fiber has already secured an important first tenant for its network over 20 years.
More information is available on the DTCP and KKR websites.
SMP is a boutique law firm for tax and business law which is active in the core fields of Tax, Funds, Corporate, Litigation and Transactions. The attorneys and tax specialists at SMP represent a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations as well as private equity and venture capital funds. Founded in 2017, SMP has become one of the leading players for venture capital, private equity and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus and Chambers and Partners. Today, SMP has more than 60 experienced lawyers and tax specialists in three Offices in Berlin, Hamburg and Cologne.