Target Information

Augias Flex has a clear ambition: to secure a position among the top 50 largest staffing companies in the Netherlands by the end of 2025. This goal is to be achieved through the acquisition, consolidation, and optimization of staffing agencies. Following its initial acquisition of Zuidgeest last summer, Augias Flex has now taken another significant step toward this goal with the acquisition of the franchise staffing agency FlexForces.

Industry Overview in the Netherlands

The staffing industry in the Netherlands has witnessed robust growth in recent years, aided by an expanding labor market and increasing demand for temporary workers. With a dynamic economy and a focus on flexible labor solutions, the sector has evolved, creating more opportunities for both entrepreneurs and job seekers. The drive for efficiency and specialized services has led many staffing companies to adopt innovative approaches to meet the diverse needs of their clients.

FlexForces, which currently operates four branches with plans to add two more by the first quarter of 2023, embodies the growth potential within this market. The agency aims to develop a national network while continuously engaging potential new franchisees, reflecting the competitive landscape of the staffing sector.

Furthermore, the staffing industry is characterized by significant diversity across various sectors, including logistics, manufacturing, and transportation. This diversity provides staffing companies like FlexForces with ample opportunities to expand their services and cater to a broader range of client needs.

Rationale Behind the Deal

The acquisition of FlexForces enables Augias Flex to enhance its operational capacity and market presence. With FlexForces focusing on various sectors such as production, logistics, and transport, it complements the services offered by Zuidgeest in industrial cleaning and infrastructure. This strategic expansion aligns with Augias Flex's objective to solidify its position in the market and streamline operations across its portfolio of companies.

Information about the Investor

Augias Flex is established by JEX and specializes in acquiring businesses within the flexible labor market in the Netherlands. The company aims to target organizations with annual revenues ranging from 5 to 15 million euros, identifying improvement opportunities in areas such as back office, finance, marketing, and IT. This focused investment approach is designed to maximize operational efficiency and growth potential.

With JEX’s service and software solutions, Augias Flex is equipped to unlock the full potential of the labor market and the acquired entities. The collaboration provides extensive knowledge of the staffing industry, access to an experienced management team, and a specialized marketing framework to support growth and ensure technological readiness for future challenges.

View of Dealert

This investment presents a promising opportunity for Augias Flex. By acquiring FlexForces, Augias Flex not only diversifies its service offerings but also accelerates its growth strategy through the established franchise model of FlexForces. The agility to adapt to market demands positions both Augias Flex and FlexForces favorably in the competitive landscape.

Moreover, the local entrepreneurship supported by FlexForces, combined with their dedicated approach to matching supply and demand, enhances their ability to operate efficiently in various sectors. This localized strategy is likely to yield substantial returns as the industry continues to grow and evolve.

Overall, this deal aligns perfectly with Augias Flex's long-term goals and establishes a solid foundation for future acquisitions. Given the strategic alignment and growth potential within the staffing market, this could well be a significant and impactful investment.

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