Activa's Ergalis acquires three businesses

Activa set up Ergalis to acquire French HR services provider Selpro Sélection Professionnelle from Randstad in July 2010. The transaction – the value of which was not disclosed, but was confirmed to be less than €50m – was funded through the Activa Capital Fund II vehicle.

Ergalis then bought Plus RH, a temporary employment and recruitment company specialising in the tertiary sector, and IMS, a medical and paramedical recruitment and temporary employment specialist. The Ergalis group generated a €124m turnover in 2011.

Company
Action Beauté Cosmétique Intérim and Action Assistance specialise in temporary employment and services for the cosmetics and luxury goods sectors, with a particular focus on the provision of product demonstrators. The two companies recorded revenues of €7m in 2011.

Talentpeople is active on the recruitment process outsourcing market. It targets large corporations, with clients including SNCF, PSA and Nexity. The company generated a €2m turnover in 2011.

People
Philippe Latorre, Benjamin Moreau and Victor Dumortier led the deal for Activa.

Advisers
Equity – PricewaterhouseCoopers, Stéphane Meffre (Financial due diligence); KBRC, Denis Raynal (Legal).
Company – Paul Hastings, Olivier Deren (Legal).

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• Topics
• France
• Expansion
• Support services
• France
• Activa Capital