Buyout (LBO, MBO, MBI) • Staffing

Straco Acquires Forum Jobs

On February 8, 2018, private equity real estate Straco acquired staffing company Forum Jobs

Acquisition Context
  • This is Straco’s 1st transaction in the Staffing sector.
  • This is Straco’s 1st transaction in Belgium.

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M&A Deal Summary

Date February 8, 2018
Target Forum Jobs
Sector Staffing
Buyer(s) Straco
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Forum Jobs

Roeselare, Belgium
Forum Jobs is an independent temporary staffing company operating over 30 offices, mainly in Flanders. It is active in the staffing of general blue-and white-collar profiles, and serves various niches including food, call centres, construction, and technical profiles. Forum Jobs was founded in 1997 and is based in Roeselare, Belgium.
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Buyer Overview 1

DESCRIPTION

Straco is a diversified investment group focused on real estate and private equity investing. The Firm's real estate group looks to acquire prime retail shops and semi-industrial buildings as well as invest in new real estate projects. The Firm's private equity group looks to provide equity and subordinated debt capital to companies operating in traditional industries. Straco prefers opportunities throughout Belgium, The Netherlands, The UK, Luxembourg, France and Germany. Straco was formed in 1986 and is headquartered in Gent, Belgium.


Deal Context for Buyer #
Overall 2 of 6
Sector: Staffing 1 of 2
Type: Buyout (LBO, MBO, MBI) 1 of 3
Country: Belgium 1 of 3
Year: 2018 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-16 Cedo

Shropshire, United Kingdom

Cedo is a manufacturer of household disposables, manufacturing both own-label and proprietary products such as refuse sacks, bin liners and other speciality kitchen and household disposable products including nappy sacks, cling film and aluminium foil. Cedo was founded in 1965 and is based in Shropshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 Agaris

Ghent, Belgium

Agaris is a supplier of substrates, soil covers and soil improvers for ornamental plant cultivation and mushrooms, vegetables and fruit. Agaris is based in Ghent, Belgium.

Buy €120M