High Select has established a strategic partnership with the AccelerationGroup in which the AccelerationGroup acquired a majority stake in High Select and where the owners of High Select keep a remaining minority stake. The sellers will stay on their management position within the company. Financial details have not been disclosed.
High Select offers non-patient related traineeships to companies operating in the healthcare sector. The company selects and recruits students and employs these at companies operating in the healthcare sector requesting temporary management assistance. The shareholders believe that there is significant potential for the company to grow, but it is currently restricted by a lack of capital. The shareholders were looking for an external party with both sufficient resources and industry knowledge to help further develop the company.
The AccelerationGroup, founded and managed by Gerd Koops and Lars Spannenburg, advises companies with unique business challenges in the broadest sense of the word.
Oaklins' small cap advisory team in the Netherlands helped High Select to find a strategic or financial partner who was able to further strengthen commercial activities and already had a well-established network within the healthcare sector. In addition, the partner would be able to provide additional growth capital. Our team identified The AccelerationGroup as the right fit for a strategic partnership.
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