Gess majority stake acquired by AUCTUS-backed JR from capiton

15 August 2017 - 10:31 am UTC

Date: 2017-08-14 13:41 GMT Source: Company Press Release The majority stake in Gess Group, a Germany-based recruiting firm, has been acquired by its domestic rival JR Holding from private equity firm capiton for an unspecified sum, according to a press release. JR is currently a portfolio company of AUCTUS, the German-language release said. In the FY 2016 Gess, which has 1,850 employees, generated revenue of EUR 72m. capiton has been advised by Lincoln International (M&A), CMS Hasche Sigle (Legal) and EY (Financial & Tax) on the transaction.