Straco B.V. invests in Labour Power Company (LPC) and becomes a majority shareholder next to the founders and management. LPC is a Dutch staffing company specialized in among others the food, logistics, e-commerce and technical industries.
Straco, a Belgian family investment firm focused on the long term, has a proven track record in the staffing sector and fully subscribes to the ambitious buy & build strategy of LPC. The investment by Straco will enable LPC to accelerate the realization of its ambitious growth plan. With Straco on board, LPC is set to realize its growth ambitions through further acquisitions in the staffing sector.
Maarten Peers, Managing Director of Straco Private Equity: “We are very much impressed by the recent successes of LPC and the way they prove, again and again, to prioritize the interests of both flex workers and clients. Although some of Straco’s existing portfolio companies are already active in the Netherlands, LPC marks our first investment that is fully oriented on the Netherlands. With our new team in Amsterdam, led by Emile van Elen, the promising partnership with LPC marks an important milestone for us.”
In this transaction, Gaby Heere, Jan-Berend Möller, Isabelle van den Hoogen and Frank van den Berg of Kennedy Van der Laan took care of the legal guidance of Straco B.V.
Read the press release on Straco.be.
