MB Funds to acquire a 64% majority stake in StaffPoint from Sponsor Capital.

MB Funds, a Finnish private equity firm, agreed to acquire a 64% majority stake in StaffPoint, a provider of staffing and human resources services, from Sponsor Capital. Financial terms were not disclosed. "StaffPoint has a unique opportunity to increase its market share in the staffing industry. In addition to the committed and competent management we were convinced of the company’s strong digital capability and responsible corporate culture, which bring substantial competitive advantage in the market," Juha Tukiainen, MB Funds CEO.