Amsterdam – CFI Netherlands (“CFI”) is pleased to announce the acquisition of the 100% equity interest in Qiss IT B.V., including its subsidiary QISS IT International B.V. (together “QISS-IT” or the “Company”), a leading secondment specialist of young IT professionals, by Univativ GmbH (“univativ Group”), a German provider of specialised personnel services, and a portfolio company of the Triton Smaller Mid-Cap Funds (“TSM”). univativ Group acquired all of QISS-IT’s shares from Ms José van Dalen, founder and CEO of the Company. Ms José van Dalen will become shareholder in univativ Group. CFI Netherlands acted as exclusive sell side adviser.
QISS-IT was founded in 2011 and provides highly sought-after young IT professionals. The Company is able to attract young professionals by offering them a career jump-start through a two-year traineeship program that includes inhouse trainings and assignments at highly reputable clients. Today, the Company serves more than 100 blue-chip companies and SMEs in the Netherlands. Its founder and CEO, Ms José van Dalen, will remain at the helm of QISS-IT and will play a vital role in the further development of the joint company.
univativ Group is a personnel service provider that specialises in placing young professionals and has been successfully providing student and graduate specialists to more than 350 customers in different sectors. Its talent pool includes around 7,000 students and graduates from around 60 renowned universities. With 20 branch offices in Germany and Switzerland, univativ Group employs more than 1,300 professionals.
Triton invests in medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors. The 37 companies currently in Triton’s portfolio have combined sales of around 13 billion Euro and around 84,000 employees. Triton’s professionals are based in Germany, Sweden, Norway, Finland, Denmark, Italy, the United Kingdom, the United States, China, Luxembourg and Jersey.
Ms José van Dalen commented on CFI’s role in the transaction: “We hired CFI because of their excellent track record in the HR services sector. The entire process was very tightly managed and provided QISS-IT with the best imaginable partner for the future. I am very excited to become part of the univativ Group family and believe there is a strong cultural fit.”
CFI initiated discussions and negotiations with a select range of (inter)national strategic and financial parties in a process that ultimately resulted in a successful transaction with univativ Group on 4 February 2019.
as a minority shareholder in a € 25 million fundraising round