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QCP sells postal service provider Postcon National to Tempus Capital and management

QCP sells postal service provider Postcon National to Tempus Capital and management

QCP sells postal service provider Postcon National to Tempus Capital and management

QCP sells postal service provider Postcon National to Tempus Capital and management

QCP sells postal service provider Postcon National to Tempus Capital and management

QCP sells postal service provider Postcon National to Tempus Capital and management

Munich, 12/23/2020

Quantum Capital Partners (QCP) announced today that one of its investment funds has completed the sale of Postcon National GmbH and its subsidiary mailworXs GmbH to the Frankfurt-based private equity investor Tempus Capital and the management of Postcon National. Postcon National's business was acquired in October 2019 as part of the Germany business of PostNL. The sale of Postcon National marks the second exit from the Postcon Group, following the sale of the Berlin-based postal service provider PIN AG to Dieter von Holtzbrinck Vermögensbeteiligung GmbH at the end of 2019. Two companies from the former Postcon Group - Postcon NRW GmbH and Postcon Konsolidierungs GmbH - remain within the Quantum Group and will continue to be developed as independent companies.

With an annual shipping volume of more than half a billion letters, Postcon National is one of the largest private postal service providers in Germany. The Ratingen-based B2B specialist, in cooperation with partners and its own network, reaches every household nationwide. Major customers such as banks, insurance companies, utilities, telecommunications companies, and public authorities have relied on Postcon National for more than 20 years to transport their business letters, catalogs, parcels, and packages. The company's services include professional collection, sorting, and transportation, as well as franking services, consolidation of letters, and additional hybrid and digital services.About Tempus Capital: Tempus Capital is a privately held private equity firm headquartered in Frankfurt. Tempus Capital exclusively focuses on investments in medium-sized companies in special situations in the German-speaking region, such as strategic or operational realignment, turnaround, restructuring, carve-outs, and succession planning. The investment approach is cross-industry.