The Flemish Government has sold t-groep to Gilde Buy Out Partners
The Flemish Government has sold t-groep to Gilde Buy Out Partners (Gilde) for an undisclosed consideration.
t-groep is a provider of HR solutions in temporary staffing, outplacement, recruitment and selection, talent management, training and HR interim management built around three main business lines: t-interim, Ascento and Luba. In 2015, the group, owned by the Flemish Government, was the second largest independent staffing company in Belgium, with activities in Belgium, the Netherlands and Poland. t-groep generated a consolidated turnover of US$448 million and EBITDA of US$27 million through a combined network of 131 offices and a total headcount of circa 780 employees.
Gilde Buy Out Partners is a leading European private equity investor in mid-market transactions with operations in the DACH region and the Benelux. Gilde manages funds in excess of US$3 billion and has offices in Zurich, Frankfurt, Utrecht and Brussels. Since its inception in 1982, Gilde has invested in over 250 companies across a diverse range of sectors.
Oaklins’ team in Belgium advised the seller in this transaction.
Talk to the deal team
Tom Van de Meirssche
Oaklins KBC Securities
Related deals
Hemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreOGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn moreThe Providence Projects has been acquired by UKAT Group
Celebrity-success rehabilitation center, The Providence Projects, has joined The UK Addiction Treatment (UKAT) Group, backed by Sullivan Street Equity Partners.
Learn more