Maxburg Capital Partners invests in Krongaard AG
Hamburg/ Munich — Maxburg Beteiligungen III (“Maxburg”), an investment company advised by Maxburg Capital Partners, has acquired a stake in Krongaard AG (“Krongaard”), one of the leading companies for the provision of highly qualified, independent technical experts for project tasks in the German economy. POELLATH provided comprehensive tax advice to Maxburg in connection with the investment.
Founded in 2008 and based in Hamburg, Krongaard AG is a specialist agency that provides companies with freelance experts for challenging project tasks. The portfolio comprises around 20,000 highly qualified expert profiles with specific experience in all industries, making it one of the most important partners for companies that want to respond faster, more flexibly and more efficiently to their daily and medium-term challenges in a knowledge-based, networked and digital economy. Kroongard employs approximately 150 people at 6 locations in Germany and serves over 300 well-known customers.
Maxburg is an investment company focused on the German-speaking region that primarily supports companies in partnership to drive sustainable growth. The Maxburg investment companies have capital commitments totaling around EUR 600 million at their disposal.
POELLATH advisedMaxburg on all tax issues in the context of the transaction with the following Munich team:
— Gerald Herrmann (Partner, Lead Partner, Tax)
— Michael Häußler (Associate, Tax)