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New Deal


Announced

Completed

Openjobmetis completed the acquisition of Just On Business and Deine Group for €29.7m.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Outsourced HR and Staffing

human resources services

Italy

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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Openjobmetis, an employment agency company, completed the acquisition of Just On Business, a human resources services provider, and Deine Group, a recruitment consultancy, for €29.7m. "With the acquisition of Just On Business, we confirm the growth strategy that has allowed us to be among the leading players in the Italian market to date. Once again we have demonstrated our commitment and willingness, even through extraordinary operations, to create value for the shareholders who have placed their trust in our investment in Openjobmetis in recent years," Marco Vittorelli, Openjobmetis Group Chairman.

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