AKD assists founding shareholders on sale of EN HR Solutions to Select HR (BE)

July 6, 2020

AKD provided legal assistance to the founding shareholders of EN Holding B.V. (EN HR Solutions) on the sale and transfer of shares to Belgian staffing specialist Select HR NV (Select). The founding shareholders as well as two members of the current management team will remain involved with the company as minority shareholders.

About EN HR Solutions

EN HR Solutions, founded in 2002, is a leading Dutch Recruitment Process Outsourcing (RPO) specialist, a service whereby the recruitment process of an organisation is taken over in whole or in part. In addition to the recruitment of permanent staff, EN HR Solutions also recruits flex workers and freelancers in the RPO process, referred to as Total Talent Acquisition (TTA). Lastly, EN HR Solutions provides online services including the development of corporate recruitment websites, job marketing and employer branding projects.  

About Select

Select, founded in 1986, has been known for years as a Belgian staffing specialist, providing high-quality solutions on all HR fronts: recruitment & selection, project sourcing and consultancy & outplacement. With the acquisition of EN HR Solutions, Select is adding RPO/TTA as a fourth pillar to its services portfolio. In addition, Select expands its footprint in the Netherlands and thereby further diversifies its traditionally larger exposure to the Belgian market (besides Belgium and the Netherlands, Select is also active in the Middle East and North Africa).

Team

AKD's Dutch M&A-team consisted of Nathalie van Woerkom, Rosanne Vlasveld and Jos Kroep. Timothy Speelman advised on aspects of Belgian law and Robert Jean Kloprogge and Sjoerd Waagmeester advised on tax related matters.