Clifford Chance advised Maguar Capital in Successful Closing of Oversubscribed Continuation Fund
International law firm Clifford Chance provided advisory services to Maguar Capital, a prominent investor in B2B software within the DACH region, throughout the oversubscribed fundraising process of its continuation fund, known as "Maguar CF I," along with associated matters.
With the establishment of Maguar CF I, Maguar Capital aims to invest in HRworks, a fast-growing provider of human capital management software. The investment is intended to provide substantial support for HRworks' highly successful growth strategy.
The transaction received backing from global institutional investors, as well as Maguar Capital II and the company's management team.
Maguar Capital specialises in making investments solely in small and midcap B2B software companies within the DACH region. The Maguar team possesses a robust entrepreneurial background and extensive long-term management experience in the technology, software, and private equity industries.
The Clifford Chance team leading the advisory consisted of partner Sonya Pauls, who specialises in Funds and is based in Munich. The team also included 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).
Additionally, the team featured 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 dedicated team members.