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Announced

Completed

Everfield completed the acquisition of AGroup.

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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Latvia

Outsourced HR and Staffing

Majority

hr solutions

Acquisition

Cross Border

Completed

Single Bidder

Private Equity

Friendly

Private

Synopsis

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Everfield, a long-term investor and accelerator for established software companies, completed the acquisition of AGroup, a HRM solution provider in the Baltics and Poland. Financial terms were not disclosed. “AGroup is a great fit for Everfield as we see HR digitalization as one of the key areas for development. AGroup’s outstanding track record, experienced team, and deep domain knowledge perfectly complements our strategic vision. AGroup managed to become an unmatched HRM solution provider in the Baltic countries build around an outstanding innovative product, an excellent team with rich expertise as well as a strong vision to develop further. Thereby AGroup has established a very strong base from which we can grow together and already counts many major companies among their long-standing clients," Henning Schreiber, Everfield Head of Acquisitions.

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