International law firm Clifford Chance has advised Maguar Capital, a leading B2B software investor in the DACH region, on the oversubscribed fundraising process of its continuation fund (“Maguar CF I”) and related matters.
Maguar CF I has been established to invest in HRworks, a rapidly growing human capital management software provider, to support its highly successful growth strategy.
This transaction was backed by global institutional investors, Maguar Capital II and the company’s management team.
Maguar Capital focuses exclusively on small and midcap B2B software investments in the DACH region. The Maguar team has strong entrepreneurial background and long term management experience in the tech, software and PE industry.
The Clifford Chance team was led by partner Sonya Pauls (Funds, Munich) and comprised partners Olaf Mertgen (Tax, Frankfurt), Oliver Marcuse (Corporate/Private Equity, London), Frank Scholderer (Corporate, Frankfurt), Avrohom Gelber (Tax, New York), Jan Grabbe (Tax, Frankfurt) and Andrius Bielinis (Tax, Frankfurt) as well as associate Kevin Merchant (Funds, London), transaction lawyer Alina Hochberger (Funds, Munich), associates Georgia Demeure (Corporate/Private Equity, London) and Rick Thoben (Tax, New York), senior associate Werner Radziwill (Global Financial Markets, Frankfurt) and other team members.