Milbank Tweed Hadley & McCloy’s Munich team is celebrating the year-end with the completion of its first deal for Apax Partners – its first major instruction for the key Freshfields Bruckhaus Deringer client.

Former Freshfields partners Peter Nussbaum, Norbert Rieger and Rolf Fueger launched the New York firm’s second base in Germany in May, amid intense speculation in the Munich market over whether the team would succeed in landing leading clients.