Kartesia injects €75m into HeadFirst
Kartesia has invested €75m in HeadFirst Group, a Dutch specialised recruitment firm.
Kartesia deployed capital from its KCO IV and KCO V funds. The former reached a hard-cap of €870m in October 2017. It offers debt and equity packages of €10-60m to European small and mid-cap companies. KCO V was registered in March 2019 and, according to Unquote Data, is still fundraising.
HeadFirst will use the fresh capital to strengthen its balance sheet, allowing it to pursue further external growth and accelerate its international development, Kartesia said in a statement.
Company
Headquartered in the Netherlands, HeadFirst offers a variety of recruitment services, including contracting, matchmaking and business consultancy. It is currently active in the Netherlands, Belgium, Luxembourg, Scandinavia, Poland and Switzerland.
HeadFirst has 350 clients across Europe and generates an annual turnover of more than €1bn.
People
Kartesia – Matthieu Delamaire (managing partner); Jean Diercxsens (director); Gaëtan Valcke (investment manager); Alexis Midol (associate).
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