M&A Deal Summary

GIMV Acquires Impact

On February 9, 2018, private equity firm GIMV acquired staffing company Impact from TecqGroep

Acquisition Highlights
  • This is GIMV’s 2nd transaction in the Staffing sector.
  • This is GIMV’s 37th transaction in Belgium.
Investment Fate
  • Impact was sold to a strategic buyer in 2023.

M&A Deal Summary

Date 2018-02-09
Target Impact
Sector Staffing
Buyer(s) GIMV
Sellers(s) TecqGroep
Deal Type Divestiture

Target

Impact

Hasselt, Belgium
Impact is a provider of professional services, focuses primarily on technical and construction jobs as well as bottleneck functions in the administrative segment. Impact was founded in 1999 and is based in Hasselt, Belgium.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

GIMV

Antwerp, Belgium

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

GIMV is a Belgium based public investment company focused on private equity and venture capital investments in tech-based businesses. GIMV's private equity practice operates through its Corporate Investment unit and targets management buyouts, buy-ins, and growth capital financings of companies with annual sales between EUR15 and EUR150 million. For buyout opportunities GIMV generally takes a majority stake in businesses and for growth capital needs, GIMV takes a minority position. GIMV does not invest in publicly held companies or turnaround situations. GIMV's geographic focus is within Belgium, Netherlands, Germany, and France. GIMV also invests in Russia through Eagle Capital Partners, a partnership with KBC Private Equity. GIMV was formed in 1980 and is headquartered in Antwerp with additional offices in The Hague, Frankfurt, Munich, and Paris.


DEAL STATS #
Overall 121 of 170
Sector: Staffing M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Belgium M&A 37 of 50
Year: 2018 M&A 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-01 France Thermes

Paris, France

France Thermes owns and operates thermal resorts in Bagnoles de l’Orne (Normandy) and Châtel-Guyon (Auvergne). The company focuses on high-quality facilities, medical and recreational care, and strong collaboration with healthcare professionals and local authorities. France Thermes was founded in 2015 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-27 Riaktr

Brussels, Belgium

Riaktr is a supplier of proprietary software technology for Business Analytics and Big Data in the telecom sector. Riaktr was founded in 2009 and is based in Brussels, Belgium.

Sell -

Seller(S) 1

SELLER

TecqGroep

Barendrecht, Netherlands

Category Company
Founded 1976
Sector Staffing
DESCRIPTION

TecqGroep is a staffing company specialising in the technical sector. It offers staffing services across the technology spectrum, ranging from jobs for operational blue-collar professionals to positions for highly qualified white-collar specialists and everyone in between. TecqGroep was founded in 1976 and is based in Barendrecht, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Staffing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Impact

Hasselt, Belgium

Impact is a provider of professional services, focuses primarily on technical and construction jobs as well as bottleneck functions in the administrative segment. Impact was founded in 1999 and is based in Hasselt, Belgium.

Buy -