Reference transaction
Advisor to shyftplan
on the sale to Maguar
Saxenhammer served as exclusive M&A sell-side financial advisor to shyftplan, an AI-powered provider of workforce management software solutions, on its sale to Maguar, a German tech investor specializing in B2B software investments in the DACH region.
shyftplan is a leading SaaS provider for workforce management with a special focus on AI-powered, automated shift scheduling. The company’s cloud-native offering is tailored to the complex needs and advanced requirements of its primarily manufacturing customers, ranging from typical German ‚Mittelstand‘ companies to blue-chip enterprises such as Siemens Energy, ZF, Krones, Mercedes-Benz, and Bosch.
Saxenhammer was mandated by shyftplan to orchestrate a full M&A sell-side sales process. Dr. Nicholas Hanser (Partner and Head of Technology) commented, “We are pleased to have driven such a positive outcome for shyftplan and believe that we have found the best partner in a highly competitive process.”
Martin Neumann (Managing Director) commented, “We believe this transaction serves as evidence of the value we can create for SaaS companies and their investors”.
Headquartered in Munich, Germany, Maguar was founded in 2019 by Matthias Ick, Gunther Thies, and Arno Poschik. Maguar focuses on investments in small and medium-sized B2B software companies in the DACH region. The Maguar team possesses strong entrepreneurial and extensive management experience in the technology industry, with more than 35 years of experience as software CEOs and over 20 years in the private equity industry. Recent investments in related areas such as HRworks, TimeTac, and Ingentis have fostered a deep understanding of relevant and repeatable value creation themes as well as shyftplan’s customer base.
