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P+P advised TimePartner on new management structure
By way of a management buy-out, CEO Sven Kilian and CFO Thorsten Droste acquired 50% of the company shares and will lead the company as co-owners. The other 50% of the shares are held by AUCTUS Capital Partners AG managed funds.
The acquisition is still subject to approval by the Federal Cartel Office.
The following Munich P+P team advised Sven Kilian and Thorsten Droste:
- Dr. Benedikt Hohaus (partner, lead, private equity/M&A, management participation)
- Jens Hörmann (partner, private equity/M&A)
- Dr. Tim Kaufhold (associate, private equity/M&A)
- Dr. Christoph Thiermann (associate, private equity/M&A)
