Network Corporate Finance successfully advised the company founder Thomas-Marco Steinle and his brother Jochem Steinle on the sale of their holding in adm Group to PREMIUMcommunications Group, a majority shareholding of Barclays Private Equity.
|Industry:||Services & Leisure|
|Description:||Sale to financial investor|
Company founder Thomas-Marco Steinle and his brother Jochem Steinle have sold their holding in the adm Group, based in Mannheim and Berlin. The holding was sold to PREMIUMcommunications Group, a Switzerland-based company operating call centres and providing Business Process Outsourcing (BPO). The majority shareholder of PREMIUMcommunications is Barclays Private Equity.
The adm Group is one of the largest German call centre service providers and is considered the industry’s quality leader. The company employs approx. 2,000 staff at Anklam, Berlin, Mannheim and Rostock, who handle primarily in-bound services for medium-sized companies and large corporations.
|Transaction value:||not disclosed|
|Sector:||Call centre services|
|Sales:||EUR 73 million (2009)|
Thomas-Marco Steinle and Jochem Steinle, Berlin
The role of Network Corporate Finance
Network Corporate Finance advised the clients and the company on the structure and execution of the sales process. Following the preparation of the transaction documents, Network Corporate Finance approached selected strategic investors and financial sponsors within the framework of a supervised auction, coordi-nated the due diligence conducted by a limited number of interested parties, negotiated the economic aspects of the sale and purchase agreement and secured compliance with the closing conditions.