acquires
Quantum Partners exclusively advised Cho-Time Group and its shareholder in the M&A process
Andreas Brinkrolf has many years of corporate finance experience and has already founded several successful companies.
As Venture Manager and later as Managing Director of the Siemens Technology Accelerator, he was responsible for the external marketing of Siemens technologies through sales, spin-offs and licensing. The focus was on high-tech projects, e.g. in the fields of sensor technology, new materials and software.
As founder and CEO of Tiburon Partners AG, he invested in Internet and software companies and accompanied some of the companies through their entire life cycle to exit. He was responsible for the subsequent sale of Tiburon Partners AG to a listed holding company. Mr. Brinkrolf was a co-founder of Invoco Holding GmbH and helped it develop into one of the leading providers of outsourcing services in Germany. In 2013, he was responsible for the sale of the company to Xerox Corporation. In recent years, Mr. Brinkrolf has advised on over 50 transactions - initial investments, capital increases and sales.
He studied business administration at the Universities of Bamberg and Aston (UK) and completed his doctorate at the University of St. Gallen (CH).
Andreas Brinkrolf
Deal Partner
brinkrolf@quantum-partners.de
+49 89 414 144 355
Quantum Partners advises Cho-Time Group and its shareholder on the majority sale to KKA Partners
The extensive digitization of business processes in many industries inevitably leads to personal contact with end customers becoming less frequent or, in some cases, disappearing altogether. A typical customer can conclude, change, or terminate a contract online. Consultations and sales meetings no longer take place online. However, the closing rate for a personal sales meeting is many times higher than that of an undirected self-service approach on a sales-oriented website. Good advice can also create real added value for customers.
Cho-Time specializes in providing sales-oriented customer contact services, particularly for clients in the telecommunications and energy industries. Their customers are contacted by specially trained employees, or traditional customer service occasions are enhanced by sales promotions. This sales-after-service approach transforms a former cost center into a profit center and becomes an important sales channel for clients. Cho-Time works exclusively with existing customers of these clients.
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The starting point for the joint M&A project was the company founder’s desire to withdraw from operational business and enable the active management team to acquire a stake in the company as part of a succession plan. The project goal was therefore to bring in a specialized private equity firm to support the transition and work with the team to tap into the enormous growth opportunities offered by the business model.
In discussions with various potential investors, KKA emerged as the best potential partner to support Cho-Time Management in its ambitious growth plans and in the technological advancement and professionalization of the company. As a result, the management team and KKA Partners jointly took over the management of SSF Sales & Service Factory GmbH and the majority of the Cho-Time Group companies through a management buyout. The former founder will remain with the company in an advisory capacity.
About Cho-Time Group
The Cho-Time Group offers outsourcing services in the area of customer service & sales at more than 15 German and international locations. With its 1,800 employees, Cho-Time transforms customer service from a cost factor to a revenue driver.
About KKA Partners
Founded in 2018 and based in Berlin, KKA Partners is one of the first private equity firms to focus on the consistent technologization of mid-market companies.
About Quantum Partners
Quantum Partners GmbH, headquartered in Munich, is a specialized corporate finance advisor that supports clients in company transactions as well as in finding financing.
