{"id":2718,"date":"2018-12-07T11:10:27","date_gmt":"2018-12-07T11:10:27","guid":{"rendered":"https:\/\/capitalmind.eu\/?post_type=deals&#038;p=2718"},"modified":"2026-10-20T16:23:28","modified_gmt":"2026-10-20T14:23:28","slug":"enssner-zeitgeist-translations-gmbh-sold-to-auctus-capital","status":"publish","type":"deals","link":"https:\/\/www.investec.com\/advisory\/deals\/enssner-zeitgeist-translations-gmbh-sold-to-auctus-capital\/","title":{"rendered":"Sale of Enssner Zeitgeist Translations GmbH to Auctus Capital"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">About the deal<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The investment company <a href=\"https:\/\/auctus.com\/en\/\">AUCTUS Capital Partners AG<\/a> has acquired the translation service providers Wohanka, Obermaier &amp; Kollegen <strong>(WOK)<\/strong> and <a href=\"https:\/\/www.enssner.de\/unser-team\/\">Enssner Zeitgeist Translations GmbH<\/a> (together with the provider <em>\u00dc-Werk<\/em>).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The merger of these companies gave rise to the joint language services platform <a href=\"https:\/\/www.t-works.eu\/offices-locations\">t&#8217;works<\/a> (now <a href=\"https:\/\/www.t-works.eu\/de\">t&#8217;works Deutschland GmbH<\/a>), which has since operated as a leading group of companies in the European translation market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Details of the transaction<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Platform strategy:<\/strong> <a href=\"https:\/\/auctus.com\/en\/\">AUCTUS<\/a> initially acquired the major provider <em>Wohanka, Obermaier &amp; Kollegen<\/em> as the nucleus (foundation) of the group. The acquisition of <a href=\"https:\/\/www.enssner.de\/unser-team\/\">Enssner Zeitgeist Translations GmbH<\/a> followed shortly afterwards as a strategic add-on purchase.<\/li>\n\n\n\n<li><strong>Shareholding structure:<\/strong> As part of a succession plan, the former managing director and owner, Christian En\u00dfner, sold 80 per cent of his shares, reinvested the remaining 20 per cent in the parent holding structure, and continued to play an operational role as managing director and in the group\u2019s sales department.<\/li>\n\n\n\n<li><strong>Brand identity:<\/strong> Following the merger, the brand identity was updated. During the integration process, <em>Enssner Zeitgeist<\/em> became t&#8217;works.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What we did<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Investec advised the shareholders on this transaction, structured the deal and implemented the succession through a well-documented and competitive sale process, identifying the best buyer to best meet the shareholders\u2019 objectives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>About the deal The investment company AUCTUS Capital Partners AG has acquired the translation service providers Wohanka, Obermaier &amp; Kollegen&#8230;<\/p>\n","protected":false},"featured_media":0,"template":"","dt":[],"sector":[26],"dealtype":[33],"clienttype":[34,38],"class_list":["post-2718","deals","type-deals","status-publish","hentry","sector-business-services","dealtype-sell-your-business","clienttype-founders-entrepreneurs","clienttype-financial-investors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sale of Enssner Zeitgeist Translations GmbH to Auctus Capital | Investec Business Advisory<\/title>\n<meta name=\"description\" content=\"Investec advised Enssner Zeitgeist Translations GmbH (oldest language service provider in the German market) with the sale to Auctus Capital.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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