Mentha Capital sells KP&T to Egeria
Technical secondment specialist KP&T has been sold to Egeria Private Equity. KP&T is an independent supplier of white collar technical professionals and one of the few players with national coverage in the Netherlands. The management and staff of KP&T, supported by Mentha Capital, realized a very strong organic growth. The company expanded in three and a half years from five to nine locations in the Netherlands and doubled the number of employees to over 600. Through continuous improvements in strategy and operational processes and far-reaching professionalization, KP&T has established a leading market position with unique opportunities for further expansion.
The simultaneous acquisition of The Employment Group (TEG), indicates that Egeria sees strong potential in further flexibilisation of the labor market and growing demand for technical personnel. The activities of KP&T will be merged with Tracé, an existing label of TEG, also specialized in recruitment in the construction, civil and electrical engineering sectors. Léon Rust, CEO of KP&T, will take the helm of the combined KP&T and Tracé businesses.
“The combination of these two strong HR companies is a wonderful step for KP&T and ensures that the next phase of growth will be well supported,” said Gijs Botman, the partner responsible from Mentha Capital. “We are confident that KP&T will successfully continue its strong track record.”