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New Deal


Announced

Proman to acquire Timing from ADG Dienstengroep.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

staffing

Majority

Single Bidder

Pending

Acquisition

Friendly

Netherlands

Cross Border

Outsourced HR and Staffing

Synopsis

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Proman, a staffing firm in France, agreed to acquire Timing, a staffing firm in the Netherlands, from ADG Dienstengroep, a Dutch holding company. Financial terms were not disclosed. “This partnership is a milestone in the development of Proman in Northern Europe. Timing and Proman have chosen each other. The teams are ambitious and very professional. Timing is a family business and we feel this entrepreneurial culture, this dynamism that makes us different. We have many similarities and together we will surpass ourselves! With our Dutch subsidiaries, Luba and E&A, we are complementary, both in terms of customers and geographical coverage. The stars are aligned,” Roland Gomez, Proman CEO.

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