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December 2005

Lincoln International represents Taros Capital on the sale of Professional Business Solutions AG to an affiliate of HgCapital


Frankfurt, December 2005 - With effective date as of 31 December 2005, Taros "PBSG").
PBSG, which operates through Wago-Curadata Steuerberatungs-Systeme GmbH and Valuenet GmbH, is a leading supplier of standard software solutions as well as electronically available specific information for the tax advisory business and for small/medium sized enterprises in Germany. PBSG employs currently around 150 people. PBSG has been acquired 1999 from WEKA-Group. After successful migration of its customers to a completely new developed 100% Windows- and SQL-based software the company is a leading player in its market niche.

About Lincoln International
Lincoln International Group ("Lincoln International") specializes in merger and acquisition services and private capital raising for leading organizations involved in mid-market transactions.  With offices in Chicago, Frankfurt, Los Angeles, New York, and Paris, and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies.  The organization provides clients with senior-level attention, in-depth industry expertise, and integrated resources.  By being focused and independent, Lincoln International serves its clients without conflicts of interest.  More information about Lincoln International can be obtained at www.lincolninternational.com

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