Ashurst advised ELF Capital on the financing of the acquisition of PostCon National GmbH and its subsidiary mailworXs GmbH by private equity investor Tempus Capital and Michael Mews, the Managing Director of PostCon National. The transaction has been structured as a long-term flexible capital solution and supports the company’s growth strategy.
With an annual delivery volume of half a billion letters, Ratingen-based Postcon National GmbH is the largest independent letter mail service provider for large corporate customers in Germany.
Tempus Capital with headquarters in Frankfurt am Main was founded in 2008. The private equity company focuses on investments in medium-sized companies in German-speaking countries.
ELF Capital Group is an independent European investment manager providing private capital solutions to small and medium-sized companies in Germany, Austria, Switzerland and Western Europe.
