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International investors focus on temporary work with students

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<str<strong>on</strong>g>Internati<strong>on</strong>al</str<strong>on</strong>g> <str<strong>on</strong>g>investors</str<strong>on</strong>g> <str<strong>on</strong>g>focus</str<strong>on</strong>g> <strong>on</strong> <strong>temporary</strong> <strong>work</strong> <strong>with</strong> <strong>students</strong><br />

Seventure Partners secures STUDITEMPS multi-milli<strong>on</strong> growth impulse after completi<strong>on</strong> of<br />

financing round. b-to-v Partners AG and Raffay are also involved in the investment.<br />

Cologne, June 29, 2012: Investments secure growth, growth secures advantage in competiti<strong>on</strong> –<br />

especially for innovative business models. Following this equati<strong>on</strong>, STUDITEMPS GmbH, which<br />

specializes in <strong>temporary</strong> <strong>work</strong> <strong>with</strong> <strong>students</strong>, managed to raise several milli<strong>on</strong> Euros to further<br />

expand the company. „The market has rewarded our development and c<strong>on</strong>fides in the sustainability<br />

of our idea and our visi<strong>on</strong> of becoming the largest and best known employer of <strong>students</strong> in<br />

Germany“ interprets Benjamin Roos, managing director and founder of the cologne-based company<br />

the financing round of approximately three milli<strong>on</strong> Euros completed in June.<br />

Seventure Partners, a French Paris-based company, which is also represented <strong>on</strong> the German market<br />

through its office in Munich, has invested in more than 100 companies since 1997 and is now lead<br />

investor of STUDITEMPS after investing 2.3 milli<strong>on</strong> Euros. Dr. Wolfgang Krause of Seventure, who is<br />

also a member of the STUDITEMPS- advisory board, explains that the investment was made due to<br />

the the outstanding performance of the pers<strong>on</strong>nel service company over the last few m<strong>on</strong>ths:<br />

„Besides all legitimate c<strong>on</strong>fidence in a bright future of <strong>temporary</strong> <strong>work</strong> <strong>with</strong> <strong>students</strong> in Germany,<br />

the best argument for the funding finally was the enormous growth rate of the past 18 m<strong>on</strong>ths.<br />

Through this, the company and its underlying business idea has established itself <strong>on</strong> the market.“<br />

With the help of the investment it is now the goal to support the next leading steps of<br />

STUDITEMPS.<br />

As another new investor, the Swiss holding company b-to-v Partners AG is now also involved.<br />

Hamburg-based Raffay & Cie GmbH, which has already acquired STUDITEMPS GmbH shares in<br />

the past financing round in early 2011 is c<strong>on</strong>tributing <strong>on</strong>ce more. Andreas Wels, who is also founder<br />

and managing director of the pers<strong>on</strong>nel service company explains delighted: „The <str<strong>on</strong>g>investors</str<strong>on</strong>g> like the<br />

c<strong>on</strong>cept of the <strong>on</strong>line administrati<strong>on</strong> of <strong>students</strong>, c<strong>on</strong>nected <strong>with</strong> offline <strong>work</strong> effort, of course. Yet,<br />

the best arguments were our ec<strong>on</strong>omic success and the proven performance of ambitious growth<br />

forecasts.“<br />

With nearly 100 employees, STUDITEMPS GmbH, which started out as a classical <strong>on</strong>line start-up<br />

in 2008, has also developed gradually pers<strong>on</strong>ell-wise. Besides Benjamin F. Roos, the managing<br />

board c<strong>on</strong>sists of co-founder Andreas Wels and Eckhard Köhn, who joined in 2011. Through the<br />

first product – the job platform www.jobmensa.de – STUDITEMPS has generated a net<strong>work</strong> of<br />

more than 250,000 <strong>on</strong>line- registered <strong>students</strong> <strong>with</strong>in the last four years.<br />

Based <strong>on</strong> this, in October 2010 the management started a – until then - unique model in Germany:<br />

“<strong>temporary</strong> <strong>work</strong> <strong>with</strong> <strong>students</strong>”. Besides its headquarters in Cologne's Friesenviertel,<br />

STUDITEMPS is meanwhile located in 4 cities <strong>with</strong>in Germany <strong>with</strong> offices in Berlin, Hamburg<br />

and Frankfurt / Main. More offices in Munich and Stuttgart are planned.<br />

About STUDITEMPS<br />

STUDITEMPS (www.studitemps.de) is Germany's most innovative employer for future academics.<br />

The c<strong>on</strong>cept: With <strong>students</strong> in <strong>temporary</strong> employment, companies can meet peak loads <strong>on</strong> short<br />

notice or retain intelligent and motivated employees <strong>on</strong> the l<strong>on</strong>g run – preemptive also against the<br />

shortage of skilled labor. Over 250,000 <strong>on</strong>line registered <strong>students</strong> throughout Germany are the


operati<strong>on</strong>al basis of the Cologne-based company. Not <strong>on</strong>ly do <strong>students</strong> earn an above average<br />

income, they also get in touch <strong>with</strong> well-known companies and can positi<strong>on</strong> themselves as high<br />

potentials of tomorrow even before graduating. STUDITEMPS is located in 4 cities throughout<br />

Germany: Cologne (headquarters), Berlin, Hamburg, Frankfurt/Main. Initial investor since the<br />

incorporati<strong>on</strong> of the business in July 2008 is Holtzbrinck Ventures.<br />

Press c<strong>on</strong>tact STUDITEMPS<br />

Stephan Hartmann<br />

STUDITEMPS GmbH<br />

Tel.: +49 (0)221 – 677 76 258<br />

E-Mail: stephan.hartmann@studitemps.de

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