M&A Deal Summary

Randstad Acquires Team BS

On September 14, 2007, Randstad acquired staffing company Team BS from Granville for 71M EUR

Acquisition Highlights
  • This is Randstad’s 3rd transaction in the Staffing sector.
  • This is Randstad’s 5th largest (disclosed) transaction.
  • This is Randstad’s 1st transaction in Germany.

M&A Deal Summary

Date 2007-09-14
Target Team BS
Sector Staffing
Buyer(s) Randstad
Sellers(s) Granville
Deal Type Add-on Acquisition
Deal Value 71M EUR

Target

Team BS

Offenbach, Germany
Team BS is an HR services provider located in Offenbach, Germany. The company is particularly successful with it's 'onsite solutions' where TEAM BS is the exclusive partner for its clients regarding all aspects of temporary employment and supports its clients with services in the area of personnel planning and administration.

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Buyer(S) 1

Buyer

Randstad

Diemen, Netherlands

Category Company
Founded 1960
Sector Business Services
Employees40,000
Revenue 24.1B EUR (2024)
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 4 of 19
Sector: Staffing M&A 3 of 12
Type: Add-on Acquisition M&A Deals 4 of 17
Country: Germany M&A 1 of 2
Year: 2007 M&A 1 of 2
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-02 Sapphire Canada

Toronto, Ontario, Canada

Sapphire Canada is a provider of IT recruitment and resource management solutions. It help organizations achieve their goals through improved access to their most important resource talent.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-03 Vedior N.V.

Amsterdam, Netherlands

Vedior N.V. provides staffing services.

Buy €3.3B

Seller(S) 1

SELLER

Granville

Hamburg, Germany

Category Private Equity Firm
Founded 1999
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Granville is a private equity firm dedicated to investments in Germany. Granville does not have an industry focus and looks for companies with annual revenues between € 30 and € 300 million. Target transaction situations include management buyouts/buy-ins, growth financings, successions, and spin-offs. The Firm is affiliated with investment bank and asset manager Robert W. Baird & Co and its private equity arm Baird Private Equity. Granville was formed in 1999 and is based in Hamburg.


DEAL STATS #
Overall 6 of 11
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Germany M&A 6 of 11
Year: 2007 M&A 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-22 HAHL GROUP

Munderkingen, Germany

HAHL GROUP GmbH manufactures synthetic brush filaments and regenerates abrasives, monofilaments, and extrusion spinning lines. The company operates through its subsidiaries including HAHL Extrusions Ltd.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-16 Balzac Coffee

Hamburg, Germany

Balzac Coffee operates of chain of coffee shops in Germany.

Sell -