ELF Capital finances MBO of Postcon National Group

December 2020

ELF Capital provides a flexible financing package for the management-buy-out of Postcon National by Tempus Capital together with Michael Mews, Managing Director of Postcon National. With sales of over €200m, Postcon is the largest independent letter mail service provider for large corporate customers in Germany. The transaction has been structured as a long-term flexible capital solution giving the company room to grow and continue to build out its market position under the new shareholders.


"We are extremely happy to have ELF Capital’s support on this transaction. The entrepreneurial partnership approach, the deep understanding of our business model and the highly professional execution of this transaction, especially given the tight timeframe, confirmed for us that working together with ELF was the right choice for us. We really look forward to working with ELF in the future.”, says Martin Herrmann, Managing Partner of Tempus Capital.


"ELF Capital is very pleased to be able to support the management team and Tempus Capital in this buy-out transaction proving again our capabilities of finding great market leading companies and applying the right capital structure to best account for the requirements of the business, its employees, the management team and the shareholders.”, said Christian Fritsch, Founding Partner of ELF.


For ELF Capital this is the third transaction in 2020 after the investment in WERU, the leading manufacturer of windows and ABIONIK Group, one of the leading German Cleantech companies. ELF once again underlines its claim to be one of the leading and most innovative private capital solutions providers in German-speaking Europe.

About Postcon Group

Postcon National GmbH is the largest independent national provider of alternative letter mail services for large customers. Customers with large mailing volume such as banks and insurance companies, energy providers, trade or telecommunications companies, as well as authorities, noticeably reduce their postage costs for high volumes of letters and rely on the services of Postcon. Headquartered in Ratingen with the main logistic and sorting site in Frankfurt am Main.


Further information: www.postcon.net

About Tempus Capital

Tempus Capital is a management-owned private equity company based in Frankfurt am Main. It was founded in 2008 by Marco Moser and Martin Herrmann. Their focus is on investments in medium-sized companies in German-speaking countries. The aim is to support companies through a combination of capital and active operational management in order to improve their long-term development in a sustainable manner. The founding partners have more than 30 years of experience in investing and operating in various industrial sectors.


Further information: www.tempuscapital.de

About ELF Capital Group
ELF Capital Group specializes in flexible financing solutions for medium-sized companies with a focus on Germany, Austria, and Switzerland as well as Northwest Europe. The entire investment team has many years of experience in structuring tailor-made financing solutions for owner-managed medium-sized companies, management teams and private equity portfolio companies looking for an entrepreneurial, reliable, and committed financing partner. Through ELF Capital's network of entrepreneurs, private equity sponsors and advisors, ELF Capital provides individually designed financing solutions for established, fast-growing medium-sized companies as well as for companies in special situations. Target investments for companies range from 10 to 40 million EUR with a focus on capital solutions for companies with solid and profitable business models, a leading market position and good growth prospects.

ELF Capital Advisory GmbH

Eurotheum, Neue Mainzer Str 66 - 68

60311 Frankfurt am Main

Germany

 +49 (0) 69 / 247519940