The existing shareholders of House of HR, Naxicap, founder Conny Vandendriessche and certain members of management, will hold the remaining equity. This transaction is the largest private equity deal in Belgium to date. NautaDutilh acted as Dutch and Belgian counsel alongside the French and German teams of Latham & Watkins.
"We are excited to have been able to assist Bain Capital on this transaction together with the Latham & Watkins teams. It was a high-paced deal, for which the smooth cooperation between all parties was key. It was a pleasure to work together!" says Willianne van Zandwijk, who co-leads the NautaDutilh team together with Nicolas de Crombrugghe.
"One of our goals as a firm is to continuously contribute to our clients' success. Bain Capital's investment will undoubtedly be an accelerator for the further growth of House of HR, and we are looking forward to working with everyone involved to get this transaction to a successful close," adds Nicolas de Crombrugghe.
About House of HR
House of HR, headquartered in Roeselare (Belgium), is a European leader in HR services, placing over 57,000 people each month across companies in multiple jurisdictions, including Belgium, the Netherlands, France and Germany. House of HR is also known for its market leading digital solutions, such as NOW-JOBS, a digital matching platform for students and flexworkers. The group consists of ten companies ("PowerHouses") that together represent more than 40 brands ("Boutiques").
About our team
NautaDutilh's Belgian and Dutch corporate team was led by corporate partners Nicolas de Crombrugghe and Willianne van Zandwijk , and further consisted of Olivier van Wouwe, Lauren de Brauwer, Naomi Asscheman, Fleur Terlouw and Maarten Schellingerhout.
The due diligence team consisted of Eline van Marle, Dineth de Graaf, Mariska Kamta, Leanne Meurs, Sanne Mesu, Elodie Smits, Ramon Pop, Susanne van Leeuwen, Arjan Koorevaar, Albert van der Kolk, Pieter de Jong, David den Blaauwen, Robert Woudenberg, Terrence Dom, Sarah Zadeh, Fleur Folmer, Martijn Vreuls, Huub Verschoor, Marlous Schrijvers, Jinne van Belle, Jaco Belder, Ishan Ahmad, Grace Nonneman, Lentle Nijs, Heloise Noiset, Alexandra Watrice, Lore Van Hoegaerden, Didier de Vliegher, Louise-Anne Bertin, Stanislas Cartier, Philippe François, Thierry Duquesne, Diane de Muelenaere, Florence Verhoestraete, Carmen Schellekens, Sigrid Heirbrant, Sien Vandezande, Camille de Munter, Sophie Jacmain and Zoë Ledent.
Press release
For the press release by House of HR click here.
Media coverage (in Dutch)
Investeerder Bain Capital koopt meerderheid uitzendreus House of HR (De Tijd)