Announced

Completed

Maguar completed the majority investment in shyftplan.

Synopsis

Maguar, a German tech investor specializing in B2B software investments, completed the majority investment in shyftplan, a SaaS provider for workforce management with a dedicated focus on AI-supported, automated shift scheduling. Financial terms were not disclosed. „The partnership with Maguar is a significant milestone for us. This collaboration will leverage Maguar’s network and expertise to drive our strategic goals and increase the value of our platform to our manufacturing customers. Farhood Torabian, Co-CEO of shyftplan, added: „Maguar’s deep understanding of B2B SaaS and workforce management, along with their commitment to our vision, ensures a strong partnership. We are confident that this collaboration will help us drive innovation, expand our market reach and strengthen shyftplan’s leadership position in workforce management solutions,“ Jan-Martin Josten, shyftplan founder and Co-CEO.

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