Deal Announcement
goetzpartners advised Univativ Group, a portfolio company of Triton Partners, on the acquisition of a majority stake in QISS-IT with a Commercial Due Diligence
goetzpartners' Private Equity consulting team supported Univativ Group ("Univativ"), a portfolio company of Triton Partners, with a Commercial Due Diligence in the acquisition of a majority stake in QISS-IT B.V. ("QISS-IT" or "the Company"). QISS-IT is an IT personnel service provider focusing on the secondment of Young IT Professionals in the Netherlands.
The Commercial Due Diligence includes a comprehensive assessment of QISS-IT's business with particular focus on the company's competencies along the value chain to analyze its ability to attract and retain both Young IT Professionals and blue-chip customers. Furthermore, goetzpartners identified key market characteristics, trends, and drivers for the Dutch temporary staffing market and provided an assessment regarding QISS-IT's synergetic fit with Univativ.
ABOUT QISS-IT
QISS-IT was founded in 2011 and provides personnel services to the IT industry with a focus on increasingly sought-after female IT professionals. The company is headquartered in The Hague and Curaçao and serves more than 120 blue-chip companies and regional organisations in the Netherlands.
ABOUT UNIVATIV GROUP
Univativ Group is one of the market leaders in German speaking Europe, providing specialized personnel services with a strong market presence built over the last 20 years. The Group consists of two core brands: Univativ and Provativ. It was acquired by Triton Smaller Mid-Cap Fund in July 2017.
ABOUT TRITON PARTNERS
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 37 companies currently in Triton's portfolio have combined sales of around €13 billion and around 84,000 employees.
For more information: www.triton-partners.com
TRANSACTION TEAM
Dr. Sigurd Kitzer
Partner
Email
Lars Timmer
Manager
Tanja Bersuch
Consultant
Jonas Koppe
Associate Consultant
Sebastian Mörler
Associate Consultant