YellowFox GmbH, managed by the holding company HM3T, was founded in 2003 with headquarters in Kesselsdorf near Dresden and employed around 70 people at the time of sale (2020). YellowFox serves a wide range of industries, from transport and logistics to construction. Hendrik Scherf, one of the five owners and the managing director of YellowFox GmbH, cared a lot about his company. He could imagine remaining employed there even after the company was sold. Before Scherf had his consultation with CARL, he was not sure whether his specific requirements would be met by the new owners. It was important to him that both the brand and the corporate culture were preserved. The safeguarding of the location and the retention of the employees were to be guaranteed on the part of the new owners. After the initial meeting, CARL's experienced team was able to ease Mr Scherf's initial uncertainty by explaining CARL Connect's innovative matchmaking technology to him in detail. When Scherf came to CARL, the five owners already had an offer to buy. However, from their point of view and also from the point of view of our Advisers , this clearly did not correspond to the value of YellowFox GmbH. The owners wanted a sales price that reflected the true value of their life's work.