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Amsterdam – CFI Netherlands (“CFI”) is pleased to announce that it served as the exclusive corporate finance advisor to DIT Holding B.V. (“DIT” or the “Company”), a leading staffing and secondment services provider of skilled technical personnel including construction workers, technical employees and painters, in a successful sale to H2 Equity Partners Holding, Kempen European Private Equity Fund, and other external investors, with the support of Dutch Mezzanine Fund.
DIT was founded in 1992 and stands out as the market leader in blue-collar staffing and secondment services for the Dutch construction and installation sectors. It provides all the large construction and installation companies in the Netherlands and a wide range of SME customers with approximately 2,000 skilled workers, such as electricians, plumbers, carpenters, masons, painters, etc. through its labels DIT (domestic), Larex (EU workers), and Persolvo (payrolling).
Funds managed by H2 Equity Partners acquired a majority stake in 2010, at a time the Company experienced headwinds from turbulent market conditions and an under managed business. It successfully pursued stabilisation, professionalisation and growth. It installed a highly skilled new management team to drive growth and established optimised KPI-based reporting, a targeted MIS, and a performance enhancing culture.
H2 Equity Partners Holding is an independent private equity firm based in Amsterdam which was established in 2017 and with funds provided by its own team and some co-investors.
Mr Gert Jan van der Hoeven, founder and managing partner at H2, commented on CFI’s role in the transaction: “We hired CFI because of their excellent track record in the HR services sector. We are very excited about the transaction and our continued partnership with DIT in order to support the next phase of the Company’s growth.”
CFI facilitated discussions and negotiations in a process, which ultimately resulted in a successful sale that closed on 27 February 2019.
Funds managed by
have sold
Advised by:
has been acquired by
a portfolio company of
univativ Group, a German provider of specialized personnel services, backed by Triton, acquires QISS-IT, a leading secondment specialist of young IT professionals based in the Netherlands and Curacao
welcomes
as a minority shareholder in a € 25 million fundraising round
Optimind, an independent consulting firm providing risk management services to insurance firms, banks and corporate clients, welcomes Ardian as a minority shareholder in a € 25 million fundraising round.
The owners of
have sold their shares to
Rhenus Alpina AG (Switzerland), a global logistics company acquired DissolveTech AG (Switzerland), which developed a document destruction process that irrevocably destroys paper documents by dissolving them in water.
has sold
to
DPA Group, the listed secondment and recruitment specialist in the Netherlands, has sold its engineering consultancy company Cauberg-Huygen to family-owned, facilities management conglomerate Dolmans Investments
