M&A Deal Summary

Randstad Acquires Proffice

On November 30, 2015, Randstad acquired staffing company Proffice from CapMan

Acquisition Highlights
  • This is Randstad’s 7th transaction in the Staffing sector.
  • This is Randstad’s 1st transaction in Sweden.

M&A Deal Summary
Date 2015-11-30
Target Proffice
Sector Staffing
Buyer(s) Randstad
Sellers(s) CapMan
Deal Type Add-on Acquisition

Target

Proffice

Stockholm, Sweden
Proffice is a provider of temporary staffing, recruitment, outsourcing, and career & development services. Proffice was founded in 1960 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Randstad

Diemen, Netherlands
Category Company
Founded 1960
Sector Business Services
Employees40,000
Revenue 25.4B EUR (2023)
DESCRIPTION
Randstad office in Atlanta, Georgia.
Randstad office in Atlanta, Georgia.

Randstad is a human resource consulting firm and HR service provider. Randstad was founded in 1960 and is based in Diemen, Netherlands.

DEAL STATS #
Overall 10 of 19
Sector (Staffing) 7 of 12
Type (Add-on Acquisition) 9 of 17
Country (Sweden) 1 of 1
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-26 Randstad Lanka Pvt

Colombo, Sri Lanka

Randstad Lanka is a HR services company providing recruitment and staffing services in Sri Lanka. With a workforce of over 400 employees and presence across Sri Lanka, Randstad Lanka is a provider of workforce solutions. The company services several marquee clients, including Sri Lankan operations of several Fortune 500 clients.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-20 Obiettivo Lavoro

Milan, Italy

Obiettivo Lavoro SpA is a provider of staffing and recruiting services.

Buy €103M

Seller(S) 1

SELLER

CapMan

Helsinki, Finland

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 4.9B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CapMan is a private equity group focused on a variety of investments in Scandinavia and Russia. CapMan's buyout group looks to invest €20 to €70 million (€10 to €20 for mezzanine) of capital in unlisted companies generating €50 to €500 million in revenues. CapMan seeks control positions and does not have any sector preferences. CapMan was established in 1989 and has offices in Helsinki, Stockholm, Oslo, Luxembourg, and Moscow.

DEAL STATS #
Overall 16 of 43
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 10 of 25
Country (Sweden) 7 of 11
Year (2015) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-02 Swereco Group AB

Stockholm, Sweden

Swereco Group AB produces a wide range of products for people with limited mobility and functional disabilities, including crutches and walking frames as well as ergonomic products for bathrooms and kitchens.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 Suomen Lämpöikkuna Oy

Oulu, Finland

Suomen Lämpöikkuna and its services brand LämpöLux provide turnkey window and door renovations to household customers.

Sell -
Mergr

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