Arnold Participaties, parent company of Olympia, has acquired VAPRO

Amsterdam – CFI is pleased to announce it acted as the exclusive corporate finance advisor to Arnold Participaties, parent company of, among others, Olympia in the acquisition of VAPRO

About Arnold Participaties 
Arnold Participaties is a holding company encompassing Olympia, Ennea, and Vondel&Nassau: a robust and entrepreneurial group of brands in the employment services sector. Through its brands, Arnold Participaties brings extensive experience in recruitment and a headquarters with comprehensive expertise. 

VAPRO, positioned as both an educator and a recruitment partner, provides diverse solutions tailored for companies operating in the process and manufacturing sectors, fostering employee development and enabling sustainable job placements within the industry. Since its establishment in 1956, VAPRO has supported thousands of businesses in finding skilled personnel and has trained hundreds of thousands of operators.

About the transaction
The transaction marks a strategic move in the training domain for process operators, leveraging VAPRO’s strong reputation in this market. Collaborating with VAPRO significantly contributes to Arnold Participaties’ mission of creating a leading group of brands that harness the full potential of work through entrepreneurship and impact. The various entities within the group complement each other in purpose and relevance, believing that when work is organised effectively, it becomes a unique tool to address the core societal challenges of our time.

CFI’s role in the process
Given the longstanding relationship between Arnold Participaties and CFI, and CFI’s dedicated focus on and expertise in the HR services domain, Arnold Participaties invited CFI to serve as their trusted buy-side advisor. CFI assisted Arnold Participaties with the due diligence trajectory, valuation, deal structuring and negotiations, which ultimately resulted in a successful transaction closed on 16 February 2024.

Dimitri Yocarini, director of Arnold Participaties and CEO of Olympia: “Throughout the process, CFI’s sector knowledge and experience in guiding HR domain acquisitions have proven very valuable to us. We are grateful for the role they played in this transaction.”


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