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Announced

Completed

People2.0 completed the acquisition of The Brookson Group from Riverside.

Financials

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

Tags

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Majority

Completed

Business support services

Business Process Outsourcing

Private

United Kingdom

Single Bidder

Friendly

Acquisition

Cross Border

Private Equity

Synopsis

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People2.0, a global employer of record and agent of record services platform, completed the acquisition of The Brookson Group, a provider of support services to freelancers and independent contractors in the UK, from Riverside, a private equity firm. Financial terms were not disclosed. “The addition of Brookson to the People2.0 family significantly enhances our ability to unburden independent contractors and facilitate flexible, remote and independent work arrangements. It also signifies a critical step towards our goal of being recognized as the premier provider of global ‘Total IC Solutions," Erik Vonk, People2.0 Executive Chairman.

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