Announced
Completed
Financials
Tags
Germany
Friendly
Majority
Private Equity
temporary engineering
Business Process Outsourcing
Acquisition
Completed
Single Bidder
Private
Cross Border
external personnel
Synopsis
Apheon-backed TMC Group, a high-tech consultancy company, completed the acquisition of Guldberg, a provider for the temporary provision of engineering and IT specialists, and Personites, a managed service provider for external personnel. Financial terms were not disclosed. "Germany has a huge engineering market, especially in the automotive sector, and this offers significant growth opportunities. To take advantage of these opportunities, we need to grow locally, including through acquisitions. Guldberg exudes TMC's standards and values in everything it does. It is a very entrepreneurial club with a people-driven culture. We therefore see this acquisition as a great opportunity to bring TMC's unique work entrepreneurship model to German engineers," Emmanuel Mottrie, TMC Group CEO.
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