Shearman & Sterling Advises Silverfleet Capital in Connection With the Sale of Orizon
Shearman & Sterling advised Silverfleet Capital on a comprehensive reorganization of their financial liabilities in connection with the sale of 100% of Orizon’s shares to the German subsidiary of OUTSOURCING, a Japanese service provider of engineering, production and abroad outsourcing.
Orizon, headquartered in Augsburg, Germany, is one of the 10 largest personnel service providers focused on company and personnel consultation as well as personnel leasing and placement. Silverfleet Capital has been the majority shareholder since 2006.
Silverfleet Capital is an independent European investment company focused on mid-cap companies. Shearman & Sterling has already advised long-time client Silverfleet Capital on the initial acquisition financing of Orizon and on the sale of Kalle Group in May 2016.
The Shearman & Sterling team included partner Winfried Carli