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News Oct 24, 2014

Shearman & Sterling Advises on Management Buyout of TimePartner

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).

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