Nestor acquired by Integra Partners

Integra Fund enters into a strategic partnership with Nestor NV. The company differentiates itself in the competitive temporary employment market by focusing on the over-50s and retirees. A growth market, because since Nestor started, turnover has grown by about 60 percent annually. For this year, the company aims for a turnover of 10 million euros. Nestor employs 700 people every week.

VDP acted as advisor to the seller.

Nestor:

Nestor was founded in January 2016 by Nicolas Moerman and Mathieu Vandenhende and managed to achieve impressive growth in a short period of time. Their combined experience in HR and marketing, supported by a strong team of highly qualified employees, allows them to help motivated over-50s and retirees find work every day in a quality way. Nestor is strongly committed to its unique digital model, supplemented by personal contact.

Since October 2020, the Dutch employment agency ErvarenJaren has also been part of Nestor. In 1999 it emerged as the Dutch specialist in mediating and temporary employment of older, experienced workers.

For more information: www.nestor.be/werknemers

Integra:

Integra, founded in 2018, is a private equity fund that offers its investors an integrated platform for private equity investments. It combines investments in local SMEs and in international private equity funds with direct investments in international companies in cooperation with these funds (co-investments). The shareholders of Nestor saw in Integra the ideal partner to further support the successful international growth trajectory throughout.

For more information: www.integra.fund