Triton-backed Univativ buys majority stake in Opus One

Sascha Yassine, Opus One's CEO and founder, will remain in his management role, according to a statement.

Triton bought Univativ in June 2017 in an SBO from Odewald & Cie, deploying equity via Triton Smaller Mid-Cap Fund, which held a final close in July 2018 on €448m. The fund writes equity cheques of €20-50m, investing in companies in DACH and the Nordic region with enterprise values of €25-100m.

The company was expected to generate EBITDA of €8m in 2017. Pemberton provided €40m in debt to support the buyout, according to Unquote sister publication Debtwire.

Company
Opus One is a recruitment agency specialising in white collar jobs, working with businesses in areas including law, banking, financial services and IT. The company was founded in 2011 and is based in Munich. It has 100 staff, according to its website.

People
Univativ – Gottfried Zaby (CEO).
Opus One – Sascha Yassine (founder, CEO).

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• Topics
• Expansion
• DACH
• Industrials
• Build-up
• Acquisition finance
• Germany
• Triton Partners