CVC Capital Partners strengthens the capital of World of Talents

Last modified: 19 April 2024 18:53
World of Talents is an international platform of HR companies.

CVC Capital Partners announces an investment in World of Talents. With this strategic investment, CVC wants to further support World of Talents in realizing its growth plans. Both the management of World of Talents and Baltisse remain on board.

This investment marks a new chapter in the history of World of Talents, with the aim of accelerating growth, diversifying its offering and expanding its geographic footprint – nationally and internationally.

“We are excited to partner with CVC, whose international network will help us further realize our mission and increase impact on the HR community,” said Steve Rousseau, CEO of World of Talents.

Baltisse is selling its majority stake, but reinvesting a significant part. “We are very proud of the growth that World of Talents has achieved over the past five years since we joined. We are convinced that the necessary foundations have been laid and they form the basis for continued growth in the future. We look forward to remaining closely involved in this success story together with management and CVC. This reflects our belief in the potential of the company and our commitment to further support its well-considered and ambitious growth plans,” said Toon Hylebos, Senior Investment Manager at Baltisse.

This new partnership offers promising opportunities for World of Talents to expand its services, accelerate growth and achieve further geographic international expansion.

World of Talents is a specialized, international HR group with a strong focus on shortage professions and talent management, active in outsourcing, interim (management) and recruitment & selection. Together they account for a turnover of 360 million euros, 50 million euros EBITDA and 4,512 active FTEs.

The company operates in Belgium and the Netherlands under the House of Talents brand. In Belgium it has 12 specialized departments: Care Talents & Human Supports Medical, Engi Talents, Executive Talents, Financial Talents, Food Talents, HR Talents, ICT Talents, Sales Talents, Science Talents, Supply Chain Talents, Technical Talents and Quintessence, the market leader. in assessment and talent management.

In 2023, World of Talents also established a foothold in Germany through the acquisition of easyCare. WoT’s strategy is focused on both organic growth and acquisitions.

The transaction was supervised by Allen & Overy, Clifford Chance, Deloitte and Rothschild for World of Talents and by Freshfields, EY, CFI and Lincoln for CVC.

No further financial details about the transaction will be disclosed.

Related articles