Simmons & Simmons advises Actief Interim on its acquisition of AB Zeitpersonal GmbH

Simmons & Simmons has advised Actief Interim, one of the largest independent temporary employment agencies for Benelux, on its acquisition of AB Zeitpersonal GmbH, an Oberhausen based regional temporary employment provider with strong presence in the Western and Central part of Germany. This is the third acquisition in Germany for Actief Group following the purchase of ISU Group (2015) and the TimeCraft Group (2017) – all of them advised by the team in Germany.

Osborne Clarke has advised The Adecco Group on the acquisition of CMAST, a fast growing consultancy and project management company servicing the Life Sciences & Healthcare sector headquartered in Belgium.

As extensive expertise and complete, functional service models are more important than ever for service companies, The Adecco Group focuses increasingly on sharing and marketing the expertise of its specialists. The CMAST acquisition is right in line with this strategy.

Hogan Lovells has advised Sedgwick Claims Management Services, Inc. (Sedgwick), a global provider of technology-enabled risk and benefits solutions, on its agreement to acquire Cunningham Lindsey, a global loss adjusting, claims management and risk solutions firm from a consortium of Sellers led by private equity firm CVC Capital Partners.

The Hogan Lovells team was led by corporate partner Robert Darwin in London with support from London Senior Associate Catherine Lah and corporate partners Jean-Marc Franceschi in Paris and Johannes Buntjer in Amsterdam.

Macfarlanes has advised Xafinity plc, the pensions actuarial, consulting and administration business, on its proposed acquisition from Punter Southall Group Limited ("PSGL") of its actuarial consulting, pensions administration and investment consulting businesses for a total consideration of up to £153m.

Norton Rose Fulbright has advised Equistone Partners Europe Fund V managed by Equistone Partners on the management buy-out of the prefabricated housing group consisting of Bien-Zenker and Hanse Haus. This is the first investment of Equistone Partners in the prefabricated houses industry. The transaction is subject to approval by the German and Austrian antitrust authorities.

De Brauw advised Philips on the acquisition of VitalHealth.

Client name
Koninklijke Philips N.V.
Nature of transaction

Jeantet assisted Société Générale de Banque au Liban (SGBL), a Lebanese corporate and investment bank, in connection with the sale of KBL Richelieu Banque Privée and KBL Monaco Private Bankers by KBL European Private Bankers SA, the parent company of a group of private banks and management companies located in Luxembourg. As a result, subject to the approval of the competent regulatory authorities, private banking and portfolio management activities of KBL European Private Bankers SA in France and Monaco shall be transferred to SGBL.

Kirkland & Ellis International LLP is advising Vitruvian Partners on the acquisition of Technogroup IT-Service GmbH. The transaction is still subject to the approval of the antitrust authorities.

Vitruvian Partners is an independent pan-European private equity firm which specializes in ‘dynamic situations’ - investments in companies undergoing rapid growth and change. Vitruvian has total assets under management of approximately EUR 5 billion and offices in London, Munich, Stockholm, Luxembourg and San Francisco.

A team of Heuking Kühn Lüer Wojtek led by Dr. Peter Ladwig advised sensor and automation specialist Balluff GmbH on the acquisition of software company iss innovative software services GmbH and of machine vision pioneer Matrix Vision GmbH Bildverarbeitung. AS part of the transactions, which were negotiated in parallel, Balluff acquired 100% of iss innovative software services, while the previous shareholders of Matrix Vision retain a 25% stake in the company. Heuking Kühn Lüer Wojtek’s advisory services also included legal due diligence.
 

A team of Heuking Kühn Lüer Wojtek led by Dr. Peter Ladwig advised sensor and automation specialist Balluff GmbH on the acquisition of software company iss innovative software services GmbH and of machine vision pioneer Matrix Vision GmbH Bildverarbeitung. AS part of the transactions, which were negotiated in parallel, Balluff acquired 100% of iss innovative software services, while the previous shareholders of Matrix Vision retain a 25% stake in the company. Heuking Kühn Lüer Wojtek’s advisory services also included legal due diligence.