Acture Expands Growth with Rivean Capital's Majority Stake Acquisition

Deal News | Dec 12, 2024 | Rivian

Acture Expands Growth with Rivean Capital's Majority Stake Acquisition

Rivean Capital, a prominent European private equity firm, has signed a definitive agreement to acquire a majority stake in Acture Group, a leading provider of employee welfare solutions. This transaction cements Acture's ambitions of bolstering its position as a European leader in outsourced services and insurance products. Acture, headquartered in Nijmegen, Netherlands, and founded in 2008, is specialized in managing employee absence and offers a suite of services ranging from absence management and reduction to absence insurance. The investment will support Acture’s strategic growth and international expansion, helping it evolve into a comprehensive employee welfare platform. The acquisition of Acture from IK Partners, accompanied by reinvestment from its co-founder and current CEO Maudie Derks and the management team, exemplifies a growing trend among mid-market private equity firms to acquire and scale companies with potential for cross-border expansion. With IK's support, Acture has undertaken several acquisitions to extend its reach into Germany and roll out new offerings like the Evermood mental health platform. Rivean’s involvement is expected to accelerate Acture’s growth trajectory within Europe. The completion of the transaction remains contingent upon regulatory approval.

Sectors

  • Private Equity
  • Human Resources & Employee Welfare Services
  • Insurance

Geography

  • Netherlands – Acture Group is headquartered in Nijmegen, Netherlands, indicating its primary operational base.
  • DACH Region – Rivean Capital operates in the DACH region, and Acture is expanding its presence here, particularly with its mental health platform, Evermood.

Industry

  • Private Equity – The acquisition of Acture Group by Rivean Capital is a prime example of private equity activity focusing on mid-market transactions with potential for growth and expansion within Europe.
  • Human Resources & Employee Welfare Services – Acture specializes in employee absence management and welfare solutions, contributing significantly to the human resources services industry.
  • Insurance – Acture's innovative absence management and insurance propositions place it distinctly within the insurance industry.

Financials

    Participants

    NameRoleTypeDescription
    Rivean CapitalBidding CompanyCompanyA European private equity firm known for mid-market transactions, supporting over 250 companies in their growth ambitions.
    Acture GroupTarget CompanyCompanyA specialist in employee welfare solutions, focusing on managing employee absence and insurance services, based in Netherlands.
    IK PartnersSelling CompanyCompanyA European private equity firm that sold its majority stake in Acture Group, emphasizing growth in Benelux and DACH regions.
    Maudie DerksCEO of Acture GroupPersonCo-Founder and Current CEO of Acture Group, reinvesting alongside Rivean in this acquisition.