univativ acquires OPUS ONE
Frankfurt / Darmstadt / Munich (Germany), 8 May 2020 - univativ Group (“univativ”), a Triton Smaller Mid-Cap Fund (“TSM”) company and a leading German provider of specialized personnel services, has acquired a majority stake in OPUS ONE Recruitment GmbH (“OPUS ONE”), a specialized personnel service provider for qualified commercial white collar graduates, young and senior professionals. Terms and conditions of the transaction are not disclosed.
OPUS ONE was founded in 2011 and is headquartered in Munich. The company offers personnel services in the areas of temporary staffing and permanent placements for the Banking industry as well in the areas of Office, Finance, Tax, Legal and IT. It’s founder & CEO Sascha Yassine will stay on board and will play an important role in the further development of the joint company.
“This transaction is another milestone in our history and a perfect fit in our strategy to expand our market position and services”, comments Gottfried Zaby, CEO of univativ.
univativ is one of the market leaders in German speaking Europe, providing specialized personnel services with a strong market presence built over the last 20 years. It was acquired by the Triton Smaller Mid-Cap Fund in July 2017.
“We are very pleased to join univativ, a strong brand in the personnel services market. Our companies share the same vision and it is a big step in OPUS ONE’s history, enabling us to develop and expand our offering further and to contribute to univativ’s further growth”, adds Sascha Yassine, Founder and CEO of OPUS ONE.
About univativ Group
univativ Group is a personnel service provider that specializes in placing young professionals and has been successfully providing student and graduate specialists to more than 400 customers in different sectors. Its talent pool includes around 8,000 students and graduates at around 60 renowned universities. With 19 branch offices in Germany, Switzerland, and the Netherlands univativ employs more than 1,300 people.
For more information: www.univativ.com
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth.
The 42 companies currently in Triton's portfolio have combined sales of around €17,2 billion and around 81,400 employees.
For further information: www.triton-partners.com