Sponsor Capital to accelerate growth of StaffPoint

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Sponsor Capital to become new majority owner of StaffPoint with a 70% ownership. The aim is to sharpen competitive advantages and accelerate growth.

With net sales of 130 million StaffPoint Group is a leading company within private employment services and one of Finland’s largest employers. The group has two business areas, namely i) personnel and recruiting services through Staffpoint Oy and ii) training services through Spring House Oy.

Capitalizing on 14 locations in Finland, StaffPoint offers its services on a truly nationwide basis with synergistic presence in Baltics and Spain. During the past few years StaffPoint has focused on developing its service offering, and is today a full-service HR partner to its customers.

Following an agreement signed on 5 October 2017, Sponsor Capital will become the new majority owner of the StaffPoint Group. Varma Mutual Pension Insurance Company and management will continue as shareholders. The transaction is subject to competition authority approval.

“We can offer the most versatile services in the business, which combine the widely recognized direct recruitment services for executives, recruitment services at different levels, staff coaching, career and employment services and the appraised myStaff resourcing system. We are excited to be able to capitalize on the industry knowledge of Sponsor Capital in sharpening our competitive advantages”, says Group CEO Mika Kiljunen.

”We are proud and delighted to be in a position to further develop StaffPoint together with its management and employees. The strong market position of StaffPoint combined with solid industry fundamentals form an attractive starting point for further development”, says Juuso Kivinen, partner at Sponsor Capital.

Yhteyshenkilöt

Juuso Kivinen, Partner
Sponsor Capital
tel. 050 521 1444

Thomas Sandvall, Partner
Sponsor Capital
tel. 044 337 7664

Mika Kiljunen, Group CEO of StaffPoint
tel. 040 081 5597

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Tietoja julkaisijasta

Sponsor Capital Oy
Mannerheimintie 4
00100 HELSINKI

09 680 3300http://www.sponsor.fi

Sponsor Capital is a Finnish private equity firm founded in 1997. The firm makes mainly majority investments in Finnish mid-sized companies that have an excellent management, stable market position and predictable cash flow. Sponsor Capital operates responsibly and long term as well as in a strongly profit-oriented mode and believing in management’s entrepreneurial spirit. Large Finnish institutions invest their capital through Sponsor Capital. www.sponsor.fi

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