- YER is a secondment and recruiting agency
- The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II
- YER’s clients include Philips, KLM, Bosch and Rabobank
Inflexion made a minority investment into YER, a secondment and recruiting agency. The deal is valued at approximately €500 million and Inflexion will have a stake of around 25%, according to sources close to the matter. The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II.
Headquartered in Amsterdam, YER offers talent in undersupplied fields such as engineering, IT, public sector and finance. The company has over 950 clients, including Philips, KLM, Bosch and Rabobank.
Working alongside Jaap Kooijman, founder of YER, and the management team led by CEO Johan Overgaauw, Inflexion plans to support YER’s growth by developing existing and new customer relationships. International expansion will be done organically and through selective M&A.
The investment is London-headquartered Inflexion’s second in the Netherlands in the last 12 months following its investment into e-bike component manufacturer enviolo in March 2022.
Inflexion is a middle-market private equity firm that backs majority and minority investments. It typically looks to invest between £10 million to £400 million in equity in each deal.