H.I.G. Capital completed the acquisition of a majority stake in Office People from Headway Capital Partners.

H.I.G. Capital, a global alternative investment firm, completed the acquisition of a majority stake in Office People, a company for personnel management and temporary staffing, from Headway Capital Partners, an investment firm. Financial terms were not disclosed. “The temporary labor market offers compelling opportunities based on secular growth trends. We are excited to build upon these trends together with Office People’s highly experienced founder and management team, leveraging organic growth, add-on acquisitions and a selective internationalization strategy. With our deep knowledge and comprehensive experience in the industry, we are perfectly positioned to support Office People’s next growth phase and look forward to working with Mr. Akköse and the entire team.” Holger Kleingarn, H.I.G. Managing Director.