Flick Gocke Schaumburg advises on the sale of a majority stake in office people

Flick Gocke Schaumburg has advised the shareholders of office people Personalmanagement GmbH ("office people") on the sale of a majority stake in the company to an affiliate of H.I.G. Capital, LLC (“H.I.G.”). H.I.G. thereby establishes a partnership with founder Olaf Hansen and the management team. The transaction is subject to regulatory approval.

Advisors office people Personalmanagement GmbH: Flick Gocke Schaumburg

Matthias Full (Lead), Anne-Catherine Lorek (both Private Equity/Tax)

The advice comprised the preparation of the tax fact book and tax structuring work.

Founded in 2005 by Olaf Hansen, office people is one of the leading companies for personnel management and temporary staffing in Germany. Employing over 9,000 external staff across some 100 locations, it focuses on sectors with structurally high workforce demand including aviation, e-commerce, logistics and mobility automotive.

H.I.G. is a leading global private equity and alternative assets investment firm with $55 billion of equity capital under management. Based in Miami, and with European offices in London, Hamburg, Madrid, Milan, Paris, and U.S. and Latin American offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, Atlanta, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies.<<<