Announced
Financials
Sources
Tags
Pending
Private Equity
Cross Border
employment agency
Private
Netherlands
recruitment
Acquisition
Minority
Single Bidder
Outsourced HR and Staffing
Friendly
Synopsis
Inflexion Private Equity, a private equity firm, agreed to acquire a 25% stake in YER, an employment agency, at a €500m ($532m) valuation. "This is a really exciting opportunity for YER and the continued potential for the business in both the Netherlands and internationally is huge. We are confident that Inflexion is the right partner for the next stage of our growth and have been impressed with their global presence and sector knowledge, whilst benefiting from a local presence in the Dutch market. This partnership will allow us to continue building out YER, and we can’t wait to get started," Johan Overgaauw, YER CEO.
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