Munich \u2014 Inter\u00adna\u00adtio\u00adnal law firm Clif\u00adford Chance has The new private equity mana\u00adger Maguar Capi\u00adtal has acqui\u00adred HR soft\u00adware provi\u00adder HRworks with its first funds (Maguar I Fund). A select group of insti\u00adtu\u00adtio\u00adnal inves\u00adtors, inclu\u00adding Aber\u00addeen Stan\u00addard Invest\u00adments, EMZ Part\u00adners, Golding Capi\u00adtal Part\u00adners and LFPE, are co-inves\u00adt\u00ading with the Maguar I Fund.<\/p>\n
The acqui\u00adsi\u00adtion finan\u00adcing is provi\u00added by Joh. Beren\u00adberg, Goss\u00adler & Co.KG provi\u00added. The tran\u00adsac\u00adtion is subject to custo\u00admary regu\u00adla\u00adtory appr\u00adovals and is expec\u00adted to close in Septem\u00adber 2020.<\/p>\n
HRworks is an inte\u00adgra\u00adted Soft\u00adware-as-a-Service (SaaS) provi\u00adder of HR soft\u00adware with a focus on the SME segment (small and medium-sized enter\u00adpri\u00adses) in Germany. The company focu\u00adses on key HR func\u00adtions such as time manage\u00adment, travel, people manage\u00adment, recruit\u00adment and employee bene\u00adfits. HRworks was foun\u00added in 1999 and curr\u00adently serves 210,000 users and over 1,700 custo\u00admers. The company opera\u00adtes a scalable tech\u00adno\u00adlogy plat\u00adform and curr\u00adently employs 60 FTEs in its offices in Berlin, Frank\u00adfurt and Frei\u00adburg im Breisgau.<\/p>\n
Maguar Capi\u00adtal is a German private equity mana\u00adger focu\u00adsing exclu\u00adsi\u00advely on small cap soft\u00adware invest\u00adments in the DACH region. Foun\u00added in 2019 by Arno Poschik, Gunther Thies and Matthias Ick, Maguar specia\u00adli\u00adzes in part\u00adner\u00adships with foun\u00adder-led B2B soft\u00adware compa\u00adnies that have an EBITDA of circa one million to six million euros. Maguar supports these compa\u00adnies in reali\u00adzing their growth potential.<\/p>\n
Clif\u00adford Chance Finance Part\u00adner Barbara Mayer-Traut\u00admann<\/strong> said, \u201cWe are plea\u00adsed to advise Maguar, the new private equity mana\u00adger, on this tran\u00adsac\u00adtion in turbu\u00adlent times in the highly dyna\u00admic tech\u00adno\u00adlogy-rela\u00adted private equity market.\u201d<\/p>\n Arno Poschik, foun\u00adder of Maguar, comm\u00adents: \u201cIt was important, espe\u00adci\u00adally for this tran\u00adsac\u00adtion, to have Clif\u00adford Chance, an expe\u00adri\u00aden\u00adced legal advi\u00adsor in the private equity sector, on our side. The Clif\u00adford Chance team impres\u00adsed us with its effi\u00adci\u00adency and commer\u00adcial approach. We hope that more invest\u00adments will follow shortly.\u201d<\/p>\n Advi\u00adsor Maguar Capi\u00adtal GmbH: Clif\u00adford Chance<\/strong> About Clif\u00adford Chance<\/strong> Munich \u2014 Inter\u00adna\u00adtio\u00adnal law firm Clif\u00adford Chance has The new private equity mana\u00adger Maguar Capi\u00adtal has acqui\u00adred HR soft\u00adware provi\u00adder HRworks with its first funds (Maguar I Fund). A select group of insti\u00adtu\u00adtio\u00adnal inves\u00adtors, inclu\u00adding Aber\u00addeen Stan\u00addard Invest\u00adments, EMZ Part\u00adners, Golding Capi\u00adtal Part\u00adners and LFPE, are co-inves\u00ad\u00adt\u00ading with the Maguar I Fund. The acqui\u00adsi\u00adtion finan\u00adcing is [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":35168,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1369,1373],"tags":[],"class_list":["post-43345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-investors","category-venture-capital-en","news-category-private-equity-news-en"],"yoast_head":"\n
\nManage\u00adment Part\u00adner Barbara Mayer-Traut\u00admann (Finance, Munich)<\/p>\n
\nClif\u00adford Chance, one of the worl\u00add\u2019s leading law firms, is present for its clients with around 3,400 legal advi\u00adsors in all major busi\u00adness centers around the world. In Germany, Clif\u00adford Chance is repre\u00adsen\u00adted by around 300 lawy\u00aders, audi\u00adtors, tax advi\u00adsors and soli\u00adci\u00adtors in D\u00fcssel\u00addorf, Frank\u00adfurt am Main and Munich.<\/p>\n","protected":false},"excerpt":{"rendered":"