Private Assets SE & Co. KGaA acquires Die Jobmacher GmbH

Hamburg, July 1, 2024: Private Assets SE & Co. KGaA has acquired the personnel service provider Die Jobmacher GmbH (Die Jobmacher). Based in Kiel, the company specializes in employee leasing as well as further training and direct personnel placement. The seller is a fund advised by Seafort Advisors GmbH. The parties have agreed not to disclose the purchase price. The takeover is subject to a number of conditions precedent and is expected to take place in the course of July 2024. Following the acquisition of Die Jobmacher, the portfolio of Private Assets SE & Co. KGaA now consists of 12 investments.

With around 500 employees and sales of around EUR 25 million, Die Jobmacher has been one of the established personnel service providers for qualified specialists in Germany since 2010 and currently has 16 locations in Germany, focusing primarily on medium-sized customers and their HR needs.

Sven Dübbers, CEO of Private Assets SE & Co. KGaA, explains: "Jobmacher is an excellent addition to our diversified portfolio. With our expertise, also in the area of digitalization, we want to strategically develop the company and take advantage of growth opportunities in the industry. At the same time, we as an entire group will benefit from their excellent tools and knowledge in the acquisition of new employees."

Markus Webelhaus, who will continue to lead Die Jobmacher as Managing Director, explains: "I am delighted to have found an active, dynamic shareholder in Private Assets who can actively support us in the market opportunities that arise. Together, we want to successfully develop personnel services in partnership for the benefit of our customers and our employees."

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About Private Assets SE & Co. KGaA

Private Assets SE & Co. KGaA (Private Assets) is a Hamburg-based investment company specializing in the majority takeover of companies in special situations. Private Assets prefers to invest in corporate spin-offs and medium-sized companies that are currently underperforming as well as companies with unresolved succession issues. Thanks to the management's many years of experience and a proven track record in the development of companies in special situations, the investments are efficiently and sustainably profitable. To ensure the necessary rapid implementation, the company has its own task force, which provides operational support as in-house consulting in areas such as product supply, project management, sales & marketing, legal and finance and explicitly promotes digitalization topics with the Digital Group. Thanks to the close operational support and active management provided by the shareholders, Private Assets SE & Co. KGaA achieves rapid, efficient and sustainable changes in its investments.

The shares of Private Assets SE & Co. KGaA are traded on the open market of the Berlin Stock Exchange under the securities identification number A3H223. Further information can be found at www.private-assets.de.

Contact Investor Relations

edicto GmbH
Dr. Sönke Knop / Jessica Pommer
Phone: +49(0)69/90550551
E-Mail: PrivateAssets@edicto.de

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