Triton has signed an agreement to acquire univativ

Frankfurt / Darmstadt (Germany), 27 June 2017 – Funds advised by Triton ("Triton") have signed an agreement to acquire univativ Group (“univativ”), a leading German provider of specialized personnel services. Terms of the acquisition were not disclosed. The transaction is subject to regulatory approval in relevant jurisdictions and is expected to close following receipt of those approvals.  

"We look forward to supporting univativ’s management and employees as a stable owner by investing in and supporting the growth and development of the company. Business Services is one of our core sectors where we have built substantial expertise and look forward to working together with the management team and board in building an even stronger company", said Peder Prahl, the Managing Partner of Triton Partners.

"univativ Group, as one of the market leader in German speaking Europe, has been building its current presence over the last 20 years. This transaction is an important milestone, enabling us to continue with our strategic efforts. We welcome Triton as a new majority owner and a respected investor who will support us in developing innovative services and executing our plans for further expanding our market positions”, said Martin Ilg, Henning Loof and Olaf Kempin, who are the founders and Managing Directors of univativ.

“univativ is a great company with an impressive growth profile and the team is looking forward to partner with management in an effort to further grow the firm. We are happy to see that our recently established dedicated smaller mid cap team has already signed its second acquisition”, added Andi Klein, Investment Advisory Professional and an advisor to the Triton Funds.