Ashurst advised debt fund Rantum Capital GmbH & Co Debt Fund I KG (Rantum Capital) on partially financing the buy-out of one of Argo Group's founders. The advice included a preparatory finance and corporate due diligence.

Hamburg-based Argo Group is a personnel service provider offering solutions in the areas of personnel placement, temporary work, recruitment process outsourcing and onsite management.

The Ashurst team was led by partner Anne Grewlich and counsel Dr Oliver K. Hahnelt. They were supported by associate Isabell Pöller and transaction lawyer Emilie Veyran-Müller (all finance, Frankfurt and Munich). Counsel Dr Gerrit Clasen, senior associate Dr Carolin Fenck and associate Markus Hiebel advised on general corporate law, senior associate Dr Marius Fritzsche on social security law (all Frankfurt).

Ashurst regularly advises the Rantum Capital which is specialised in complex SME and growth financing. Numerous other credit funds are furthermore included in the firm's client portfolio.