Shearman & Sterling advised on the buyout of the TimePartner Group by its management and the investor AUCTUS Capital Partners.
The private equity firm AUCTUS Capital Partners, focusing on small and medium-sized enterprises in Germany, bought itself into TimePartner as part of a management buyout. The remaining shares were acquired by long-standing members of the management.
The TimePartner Group, with its approximately 8,000 employees and some 100 branch offices, ranks among the top ten German personnel service providers.
The Shearman & Sterling team advising the purchasers on the transaction included partner Dr. Esther Jansen and associate Odilo Wallner (both Frankfurt-Finance).