House of HR, the leading European HR services group, agreed to acquire German avanti GmbH.
Avanti is specialized in a wide array of healthcare staffing solutions all over Germany. The acquisition emphasizes House of HR’s belief in the German market’s growth potential and at the same time marks its entrance in the specialized healthcare staffing domain.
avanti, founded in 2000 in Hamburg by Frank Hartung and joined shortly hereafter by Florian Hermes, offers specialized talent solutions, recruiting and secondment in the field of healthcare (such as nurses, intensive care staff, other hospital support personnel etc.). avanti has 14 offices throughout Germany, with an internal staff of 220 people, and about 1700 people at work at more than 1000 customers. In 2020, the company realized a turnover of over 70 million euros. The acquisition is still subject to customary regulatory approval.
House of HR is taking over the majority of the shares, with the management keeping a minority stake. Matthias Hiepko, active within avanti since more than 14 years and previously heading the ‘Geschäftsbereich Medical’, will assume the overall CEO-role at avanti. He will report to Roger Lothmann, TIMEPARTNER's CEO, overseeing all German activities of House of HR. Florian Hermes will support the transition during the next six months. Frank Hartung has announced his departure from avanti.
The acquisition perfectly accentuates House of HR’s growth ambitions. Rika Coppens, CEO at House of HR: ‘we genuinely believe in a strong German market. Also, we are keen believers in the growth potential of the healthcare industry. Needless to say, we are happy to welcome avanti to our group of happy rebels. We feel sure there will be a perfect cultural fit between our German companies TIMEPARTNER, ZAQUENSIS and their new sister avanti. We will continue to grow both organically in our European operating companies and by acquisitions, always keeping a focus on Specialised Talent Solutions and Engineering&Consulting.’
Earlier this year, House of HR announced its plan to merge its two German companies TIMEPARTNER and ZAQUENSIS into one new group. Coppens: ‘In our newly established German structure ‘House of HR Germany’, avanti will become a sister company of TIMEPARTNER.’
Questions? An interview with House of HR CEO Rika Coppens?
Aart De Zitter, managing partner BeSpoken, PR-partner House of HR, +46 725 890 972, aart [at] bespoken.be
Victoria Hemelaer, CMO House of HR, +32 492 97 35 50, victoria.hemelaer [at] houseofhr.com
About House of HR
House of HR is a leading European services group active in the world of human resources (HR). Having its headquarters in Roeselare, Belgium, the group consists of nine companies and 41 brands, all focusing on Specialized Talent Solutions and Engineering&Consulting. ‘Specialized Talent Solutions’ provides temporary employment solutions with a focus on ‘temp-to-perm’ placements, international job candidate recruiting and permanent placements for clients in need of specific job profiles. ‘Engineering&Consulting’ provides medium- to highly skilled job candidates, including engineers, technicians and other white-collar consultants to work on projects at clients in a diversified range of markets.
In 2020, House of HR realized a consolidated turnover of 1,6 billion euros and an EBITDA of 179 million euros. The group is providing work to over 43.000 people, and counts 3.400 employees spread over + 600 offices. These offices serve both small, medium-sized and large companies all over Europe. House of HR is a Talent Powerhouse with a strong emphasis on entrepreneurship, digitalization and innovation, always keeping a human touch.
More info on www.houseofhr.com and on www.avanti.jobs