HIG Capital invests in 7(S) Personal

HIG was impressed by the company's resilience to the downturn, during which it managed to improve its market positioning and gain additional market share.

7(S) now plans on reinforcing the qualified and highly qualified temporary staffing services in its seven core segments. The company will also pursue a buy-and-build strategy as well as development into a fully integrated HR-services house.

Founded in the 1970s, 7(S) Personal is a Hamburg-based temporary staffing agency. The company focuses on temporary staffing of qualified personnel in seven sectors: industry and technology, aviation, engineering, office and finance, catering and service, medical, and information technology. 7(S) employs in excess of 6,000 staff and posted a $300m turnover in 2009.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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• Topics
• DACH
• Expansion
• Support services
• Germany