Business description

t-groep is an HR solutions provider focused on temporary staffing in Belgium and the Netherlands. General temporary staffing makes up c. 70% of sales with the remainder coming from staffing in the cultural sector, service vouchers and HR consulting. The Company is active through 78 offices in the Belgian market with the balance of sales being generated in the Netherlands where t-groep operates 48 offices.

Investment thesis

t-groep aims to continue its growth trajectory by increasing share of wallet at its existing customer base (in-house concept), opening new offices, pursuing add-on acquisitions and capitalizing on the liberalization of the public sector. In addition, the Company aims to improve its business resilience and implement an aligned IT roadmap/strategy.