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.
Transaction
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.
Target Company
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.
Key Facts
| Transaction value: | n.a. |
| Sector: | Call Centre Services |
| Sales: | EUR 73 million (2009e) |
| Employees: | approx. 2,000 |
| Date: | July 2009 |
Clients
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.
