GÖRG advised and represented the shareholders of CONTRACTOR Holding GmbH on the sale of the company to the 7N Group. The acquirer, 7N Group, is backed by Polaris Management, a Scandinavian investment company.

CONTRACTOR Holding GmbH, through its subsidiary CONTRACTOR Consulting GmbH, acts as an agency for IT freelancers, using AI-supported matching to bring together experienced IT consultants and clients. Since its foundation in 2010, the agency has been involved in filling over 1,600 IT positions. Its client base in the premium segment includes medium-sized companies and blue-chip corporations in Germany. CONTRACTOR currently employs over 30 people in Munich and Frankfurt am Main. 

The 7N Group consists of 7N and Globeteam. The Scandinavian group is an internationally oriented IT service provider. The 7N Group currently employs around 300 people in twelve offices in seven countries. In addition, more than 8,000 consultants in over 20 countries work for the group. Polaris Management A/S is an investment company based in Copenhagen that has been providing capital to established mid-sized companies in the Nordic region since 1998. 

The merger creates a leading Northern European service provider offering clients an extensive portfolio of IT consulting, IT recruitment and digital solutions expertise. The aim is to integrate CONTRACTOR into the 7N Group in order to further expand in the European market and strengthen Germany as a key IT services market. The transaction will not affect the daily business or organizational structure of CONTRACTOR. 

A GÖRG team led by Munich-based partner Dr Bernt Paudtke advised the shareholders of CONTRACTOR Holding GmbH on all aspects of the transaction. 

Advisor to the shareholders of CONTRACTOR Holding GmbH

GÖRG Partnerschaft von Rechtsanwälten mbB
Dr Bernt Paudtke (Lead, Partner, M&A, Munich)
Dr Katharina Landes (Partner, IP/IT, Cologne)
Dr Karl-Georg Küsters, LL.B., LL.M. Taxation (Counsel, Tax, Cologne)
Moritz von Limburg, LL.B., LL.M. (Associated Partner, M&A, Munich)