Our Expertise:

M&A, sales and acquisition of companies, equity placements, investor processes

Auctus sold Time Partner to Investcorp

We advised Auctus

HSCie Customer

Time Partner, Nürnberg, Germany

With more than 5.000 employees at 50 locations Time Partner Group ranks among the top tentemporary employment companies in Germany and is market leader in some market segments such as aerospace or logistics industry. Through organic growth of more than 30% per year and implementation of a successful buy-and-build strategy Time Partner has increased its turnover tenfold to nearly EUR 200 Mio. at double-digit Ebit margins within 24 months.

www.timepartner-personal.de


Companies involved

Investcorp, London, New York, Bahrain

Investcorp, the internationally renowned private equity firm, has invested in transactions totalling more than $30 billion and is based in London, New York, Bahrain.

www.investcorp.com


Transaction

Auctus Management GmbH, a private equity firm based in Munich, Germany, sells the temporary employment company Time Partner Group to Investcorp in a management buy-out transaction. Funds controlled by Auctus and the management reinvest a two digit Euro million amount into Time Partner Group and become partners of Investcorp in the acquisition.


Task

Hübner Schlösser & Cie advised the vendors in the entire sales process, i.e.Hübner Schlösser & Cie managed process timing, organized communication between vendors,acquirer, and various due diligence teams, composed information documents, and conducted and advised in the negotiations.


Year:  2006

Transaction value:  250 m €

Industry:  Business Services

Business field:  Mergers & Acquisitions