The Vienna office of Baker McKenzie has advised Austrian start-up company Klaiton on the entry of Germany's Haufe Group as a strategic investor.
Klaiton specializes in assisting companies to find the most suitable business consultants and coaches through its online platform. The platform was founded by Tina Deutsch and Nikolaus Schmidt, two former consultants.
Originally rooted in the publishing business, the Haufe Group, which is based in Baden-Wurttemberg, has increasingly focused on the areas of education and training as well as digital services during the last decades. Among Haufe's most well-known trademarks are the financial software Lexware and the HR Talent Suite Umantis.
According to Baker McKenzie, “the investment marks the start of a new period of growth in which Kaliton will cover the new business segment of coaching in Germany. Klaiton’s two founders will remain shareholders and managing partners.”
Signing and closing of the transaction took place on August 30, 2018.
Baker McKenzie’s team included Partner Wendelin Ettmayer, Associate Stephanie Sauer, and Junior Associate Pablo Essenther.