30 / 12 / 2024

The Employment Group and World of Talents signed an agreement on the sale of Venk Professionals

The Employment Group, a portfolio company of Egeria, is pleased to announce that it has signed an agreement with World of Talents regarding the sale of Venk Professionals, its subsidiary focused on secondment of white-collar professionals for the technical/engineering and public end markets. Venk’s management team, led by CEO Patrick van den Berg, will remain on board. The transaction remains subject to approval from the competition authorities and is therefore expected to be finalized in Q1 2025.

Venk operates via its two brands Voort and koen. Both are reputable brands with complementary business models, with Voort focused on temp-to-perm and koen on temporary secondment assignments. With its unique qualities and offering, Venk supports SME’s, (local) governments and corporate customers in finding the right expertise and in fulfilling flexibility needs.

Headquartered in Utrecht, the Netherlands, Venk has been a leading national player for over twenty years. With its nationwide coverage via nine local offices and its local-for-local approach, the company assures high customer and candidate proximity. Since its founding, Venk has grown into a strong and respected player, investing in digitization, professionalization & people.

This investment marks an exciting new chapter for World of Talents. “With the goal of accelerating our growth and diversifying our service offering, Venk is an excellent addition to our platform. Its long standing industry experience will help us further realize our mission and increase our impact in the staffing and consulting sector,” said Steve Rousseau, CEO of World of Talents. “With Venk, we share a common vision around quality, expertise and an entrepreneurial culture. We are impressed with what Venk has achieved to date and are looking forward to working with Patrick and his team.”

CEO Patrick van den Berg remains responsible for the day-to-day management, together with an internal operations team of c.150 people and c.1.150 professionals. Thanks to their long-standing and strong industry experience, the company plays a crucial role in reducing staff shortages and in ensuring continuity in the business operations of their clients.

“This acquisition is an important milestone in the history and future growth of Venk” said Patrick Van den Berg. “It has always been our choice to be and remain a ‘specialist’. With a personal approach, an extensive client network and ample training opportunities, we ensure the growth of people. With that DNA, we fit seamlessly with World of Talents. We are convinced that together we will establish a strong partnership that will benefit employees, customers and partners alike.”

Ryan de Regt, Investment Manager at Egeria, stated: “It has been a true pleasure working with Patrick, Roger and the complete Venk organization over the last years. We are proud that under our ownership the company has become one of the Dutch leaders in secondment of professionals in the technical and public end markets. I am confident that together with World of Talents, Venk will continue its successful track-record whilst maintaining its unique and pleasant culture.”

About World of Talents
World of Talents is a specialized, international HR & consulting group with a strong focus on bottleneck professions and talent management. The group is active in outsourcing, interim (management) and recruitment & selection, together accounting for revenues of c. EUR 475 million with more than 5.000 active employees.

The company operates in Belgium and the Netherlands mainly under the House of Talents brand. In 2023, World of Talents also established a presence in Germany through the acquisition of easyCare, an HR company specializing in the medical sector.

About The Employment Group
The Employment Group is active with four specialized labels in secondment of professionals and skilled staff in construction, the industrial and the public sector. The company operates through two white-collar brands Voort and Koen (combined Venk) and two blue-collar brands Faber and Cottus. With 45 offices and c. 3,000 employees throughout the Netherlands, TEG generates a turnover approx. EUR 200 million. TEG has been a portfolio company of investment firm Egeria since 2016.

About Egeria
Established in 1997, Egeria is an independent Dutch investment company focused on mid-sized companies in the Benelux, the DACH region and the USA. Egeria invests in healthy businesses and believes in building businesses jointly with entrepreneurial management teams (Boldly Building Together). Egeria has interests in 24 companies in the Netherlands, Germany and the USA. Egeria’s portfolio companies generate combined revenues of more than EUR 2 billion and employ more than 12,000 people.