Venk to Pivot Under World of Talents
Deal News | Dec 30, 2024 | Egeria Capital Management
The Employment Group and World of Talents have signed an agreement on the sale of Venk Professionals, a prominent staffing and consulting company headquartered in Utrecht, the Netherlands. Venk Professionals operates through two brands, Voort and Koen, and provides flexible staffing solutions to SMEs, local governments, and corporate clients. As a national leader with over 20 years of experience, Venk is known for its 'local-for-local' approach and has invested heavily in digitization and professionalization. World of Talents, an international HR & consulting group, sees this acquisition as a step towards accelerating growth and diversifying services in the staffing sector. This move is also aligned with Egeria Capital Management's strategy to invest in mid-sized companies across several regions. Patrick van den Berg will continue managing Venk, focusing on reducing staff shortages and enhancing client operations. This acquisition represents a pivotal milestone for Venk and World of Talents' combined mission to enhance impact in the HR domain.
Sectors
- Staffing & Recruitment
- Private Equity
- Consulting
Geography
- Netherlands – Venk Professionals is headquartered in Utrecht, and The Employment Group operates extensively across the Netherlands.
- Belgium – World of Talents has significant operations in Belgium.
- Germany – World of Talents has extended its presence to Germany, demonstrating its international scope.
Industry
- Staffing & Recruitment – This article primarily involves companies focused on HR, staffing solutions and recruitment, epitomized by Venk and World of Talents.
- Private Equity – Egeria Capital Management, a private equity firm, is involved in the transaction as the selling entity.
- Consulting – World of Talents operates in the consulting sector, adding value through management and recruitment consulting.
Financials
- EUR 475 million – The revenue generated by World of Talents across its operations.
- EUR 200 million – The turnover generated by The Employment Group in the Netherlands.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Venk Professionals | Target Company | Company | A staffing and consulting company operating under brands Voort and Koen, acquired by World of Talents. |
| World of Talents | Acquirer | Company | An international HR & consulting group focusing on talent management and recruitment solutions. |
| The Employment Group | Vendor | Company | A company offering secondment of professionals, previously the owner of Venk Professionals. |
| Egeria Capital Management | PE Firm | Company | A Dutch investment firm that owned Venk Professionals before the sale to World of Talents. |
| Patrick van den Berg | CEO | Person | The CEO of Venk Professionals, continuing to lead post-acquisition. |
| Steve Rousseau | CEO | Person | CEO of World of Talents, leading the acquiring company. |
| Ryan de Regt | Investment Manager | Person | An investment manager at Egeria, involved with Venk Professionals' strategic growth. |