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Copus Group, a portfolio company of Buysse & Partners and Dovesco, has acquired Primus Personal

Dusseldorf / Brussels – CFI is pleased to announce that it has acted as the exclusive corporate finance advisor to Copus Group (‘Copus’), a portfolio company of Buysse & Partners and Dovesco, in the acquisition of Primus Personal (‘Primus’).

Copus is a group of HR agencies, operating under 9 different brands, specialised in staffing of highly skilled technical, construction and office talent. The group is active in Belgium and Germany, managing 110 offices with more than 350 employees. In 2022 the group expects a revenue of €250 million, as a result of both organic growth and a strategic acquisition strategy. The company was founded exactly 30 years ago as Vivaldis Interim.

Primus is a staffing specialist located in the northwest regions of Germany. The company specialises in recruitment outsourcing and personnel management, ensuring competent consulting, increased productivity and flexible personnel management. In addition, Primus has extensive experience in recruiting specialised profiles in Eastern Europe, for example for the healthcare sector. The company is aiming for a turnover of 35 million euros in 2021 and currently employs 50 recruitment specialists, operating 11 office locations.

With this acquisition Copus Group will significantly increase its footprint in Germany and will have easier access to the Eastern European labor market. Anke Ulens, CEO of Copus Group: “We see great potential in Germany. Primus Personal is a very good example of this. A player that successfully places skilled workers with various companies. In addition, we consider their knowledge of labour migration – especially from Eastern Europe – to be a great added value. This is definitely an interesting way to address certain bottlenecks in the health sector and in industry. We are therefore very much looking forward to working with them. “

The founders of Primus hand over the reins to the Copus Group, which, together with the remaining management, will ensure the continuity and continued success of the company.

CFI orchestrated discussions and negotiations during the process that ultimately resulted in the successful acquisition of Primus Personal, which closed on 31 December 2021. This transaction emphasises once more CFI’s strong ability to successfully close cross-border deals within the Staffing & HR Services sector.

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