IMPACT obtains majority interest in Dutch specialized technical staffing agency Haldu Groep
IMPACT acquires a controlling interest in the specialized and fast-growing Dutch staffing agency Haldu Groep. This transaction reflects IMPACT’s continued ambition to build a leading, international, technical staffing group. Haldu Groep is focused on technical profiles in primarily the construction and infrastructure segments. Through a combined national and international sourcing network Haldu Groep has been able to attract and retain scarce talent in its focus segments, realizing impressive growth. IMPACT will acquire a majority stake alongside the management.
Haldu Groep (www.haldugroep.nl) was founded in 2010 through a merger of three existing staffing agencies, all specialized in technical profiles. As a provider of professional services, the group focuses primarily on construction jobs as well as technical profiles in the infrastructure and automotive segments. Its client base is a mix of both leading national construction companies and industrial SMEs active in its core segments. Due to an increased scarcity of such technical profiles, Haldu Groep early on realized the potential of sourcing talent across borders and currently sources a significant share of its staff internationally. Through a strong focus on quality and personal service for the temporary employee, Haldu is able to retain and grow this workforce. The company currently has 1 location in Groesbeek, The Netherlands and 35 permanent employees realizing a turnover of EUR ~23 million (2018).
Through the acquisition of Haldu Groep, IMPACT will expand its geographical reach to The Netherlands and will become a cross-border specialized staffing company. Entry of the Dutch construction and infrastructure segment is of particular interest to IMPACT due to the expected workload in coming years, i.e. requiring significant inflow of technical talent driven by large backlogs. In addition, the joined scale of the companies allows for further professionalization and investments. This contributes to the well-defined expansion strategy IMPACT has formulated, following the investment by Gimv in early 2018. The acquisition will be realized by the holding Xpertise, the entity above the different commercial labels of the group: IMPACT, TalentLink and Nova Engineering.
“Joining forces with IMPACT clearly expresses the ambition of the shareholders to bring the company to the next level. The combination will clearly enhance the firm’s strategic and operational vigor in the niches it operates in. In this setting, Haldu Groep will maintain its unique identity and corporate culture while accelerating growth in market segments that are expected to continue to see a strong demand for temporary employees. We will further leverage on our core strength of building bridges between employers and employees. Finding, connecting and binding our target audience, because that is our promise to personnel” according to Haldu Groep shareholders Danny van Hal and Caspar Jansen.
“As from the first meeting, both management teams realized they had similar views on how to conduct business: focus on people (own employees and candidates), quality in sourcing (locally and abroad), and matching of highly qualified technical and construction profiles, supported by high quality administrative processes. Each company will keep its own identity but the group will take advantage of its combined size and complementary experience in sourcing foreign workforce. This will allow us to build up an international network enabling us to serve our international customers in both countries, with the goal to build up long term relationships. Both companies will also invest to further digitalize their business model and to become the reference in their specialization”, says IMPACT CEO Eric Dantinne.
No further financial details on the transaction will be announced.