Houlihan Lokey Advises Maguar Capital Partners on Its Strategic Partnership With TimeTac

Houlihan Lokey is pleased to announce that Maguar Capital Partners, a German private equity fund focused on small-cap software investments in the DACH region, has entered into a strategic partnership with TimeTac, a leading time-tracking software solutions provider based in Graz, Austria. The investment, which includes a substantial rollover from existing shareholders, marks the second investment of Maguar Fund II. Houlihan Lokey acted as debt advisor to Maguar Capital Partners.

Founded in 2009, TimeTac has established itself as a key player in the HR tech sector, particularly in the area of time-tracking software. The company currently has 70 employees and serves a broad SME client base of more than 3,800 customers in the DACH region. The company offers a comprehensive, cloud-native, time and attendance software solution. Maguar Capital Partners’ investment will support the company's continued organic and inorganic growth plans, leveraging its strong regional market position and innovative, easy-to-use software solutions.

Headquartered in Munich, Germany, Maguar Capital Partners was founded in 2019. Maguar Capital Partners focuses on investments in small and medium-sized B2B software companies in the DACH region. The team has strong entrepreneurial and extensive management experience in the technology industry, with more than 35 years of experience as software CEOs and more than 20 years of experience in the private equity industry.

Houlihan Lokey provided debt advice on all commercial aspects of the financing transaction and secured a highly attractive, tailor-made, and flexible financing structure that will support the further organic and inorganic growth of TimeTac.