Announced
Completed
Financials
Tags
Germany
staffing services
Outsourced HR and Staffing
Cross Border
Private Equity
Private
Friendly
Single Bidder
Acquisition
Majority
Completed
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.