The Flemish Government has sold t-groep to Gilde Buy Out Partners
August 2016 — 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.
Our role in the transaction
Oaklins’ team in Belgium advised the seller in this transaction.
Talk to the deal team
Tom Van de Meirssche
Oaklins KBC Securities
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