
Main Capital-backed Assessio buys HFM Talent Index
Main Capital portfolio company Assessio Group, a Sweden-based recruitment software developer, has acquired Dutch-based provider of talent assessment HFM Talent Index.
Dutch private equity firm Main Capital backed the add-on via its latest fund, Main Capital V, which closed on €236.5m in December 2017, according to Unquote Data.
This is Assessio's first add-on acquisition since Main Capital became a shareholder in 2019. The PE house acquired a majority stake from the Mabon family, who retained a substantial minority stake alongside management for an estimated consideration of €20m, according to Unquote Data.
The new combination of Assessio and HFM will create a group servicing almost 2,000 customers with more than 100 staff across four offices.
Assessio will follow a buy-and-build strategy aimed at improving the product offering and strengthening its geographic positioning in the European market. The company now develops software for data-driven psychological testing in HR and recruitment practices, combining solutions from the digital assessment platform Ascend, as well as providing products such as MBTI and 16pf.
Company
Founded in 1997 and headquartered in Amsterdam, HFM provides a software-as-a-service for talent assessment and development tests to help organisations find talent, develop their employees and facilitate effective collaboration. It serves approximately 250 mid-sized and large enterprise clients, predominantly in the Benelux market with an additional presence in South Africa. Example clients include Capgemini, Deloitte, Rabobank, Red Cross, FedEx and Crédit Agricole Consumer Finance.
People
Main Capital Partners – Charly Zwemstra (managing partner).
Assessio Group – Pär Cederholm (CEO).
HFM Talent Index – Evelien Schram (managing director).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater