Target Information

Anywr has successfully acquired Settle Service, a well-established expert in immigration and relocation services based in the Netherlands. This strategic acquisition marks a significant step in Anywr's ongoing expansion strategy, following its previous acquisitions, including Expat Partners, Geneva Relocation, Antares, and Solantis. By bringing Settle Service into its fold, Anywr enhances its capabilities in providing comprehensive human resource solutions, particularly in the realm of international mobility.

Settle Service, founded in 1990 and led by Irene Bunt, brings a wealth of experience and a reputable network of global partners. The company is known for its expertise in facilitating smooth transitions for international employees and has a solid presence across the Dutch market. With a dedicated team of around fifty employees, Settle Service will continue its operations under its existing leadership, ensuring a seamless integration into Anywr’s broader portfolio of services.

Industry Overview

The Dutch immigration and relocation services market has seen substantial growth in recent years. This growth is fueled by increasing globalization, with more companies seeking to expand their operations internationally. As businesses face challenges related to talent acquisition across borders, the demand for specialized relocation services has surged, making it an attractive sector for investment.

Moreover, the Netherlands is strategically positioned as a hub for international businesses, further enhancing the importance of effective relocation and immigration support services. The government's favorable approach to skilled immigrants, coupled with a rich multicultural environment, reinforces the appeal of the market. As such, service providers that can offer comprehensive solutions for companies and their employees will likely thrive.

The burgeoning market landscape requires companies to stay ahead of emerging trends in human resources, and this is where Anywr, through its acquisition of Settle Service, positions itself advantageously. With a rapidly diversifying workforce and evolving regulatory frameworks, companies are in constant search of partners who can provide integrated solutions for relocation and immigration.

Rationale Behind the Deal

This acquisition aligns with Anywr's commitment to strengthen its market position in Europe, particularly in the Netherlands. By enhancing its service offerings with Settle Service's expertise, Anywr can cater more effectively to the needs of multinational corporations and expatriates.

Furthermore, the timing of this acquisition is strategic. Following the recent establishment of Anywr's recruitment office in Eindhoven, the addition of Settle Service allows for a comprehensive approach to international talent mobility, creating a well-rounded service that combines recruitment with relocation and immigration support.

Investor Information

Anywr is a notable player in the human resources sector, focusing on mobility solutions for talent acquisition and retention since its establishment in 2012. With a diverse offerings portfolio that includes recruitment, immigration, and fiscal services, the company has successfully positioned itself within the #FrenchTech120, indicating its status among the most promising startups in France.

Having raised €80 million in funding in June 2022, Anywr is well-capitalized to pursue further acquisitions and expand its market presence. Its commitment to innovation and social responsibility, as well as a deep understanding of labor market dynamics, continues to make it a sought-after partner for businesses looking for tailored HR and mobility solutions across the globe.

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This acquisition of Settle Service by Anywr represents a promising investment opportunity, spotlighting the growing significance of relocation services in today’s global talent landscape. By merging Settle Service’s established expertise with Anywr's innovative recruitment methods, the combined entity is well-positioned to provide comprehensive solutions to both employers and employees.

Moreover, as firms increasingly recognize the importance of mobility in attracting and retaining top talent, Anywr's enhanced capabilities can help address those challenges effectively. The integration of Settle Service allows for a much richer service offering, which is vital in a competitive market.

As a forward-thinking organization, Anywr demonstrates a strong proactive approach to market trends, establishing its trajectory towards sustainable growth. This acquisition is expected to bolster the company’s competitive edge in Europe’s immigration and relocation landscape, leading to increased client acquisition and satisfaction.

Overall, this deal is poised to yield fruitful returns for Anywr, making it a strategic move that enhances its position as a leader in the evolving landscape of international human resource solutions.

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Anywr

invested in

Settle Service

in 2023

in a Add-On Acquisition deal

Disclosed details

Transaction Size: $80M

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