Clearwater International advises H.I.G. Capital on raising finance to support the acquisition of Office People
Clearwater International has advised H.I.G. Capital, LLC (H.I.G. Capital), a leading global alternative investment firm with $55bn (€51bn) of capital under management, on raising finance to support the acquisition of a majority stake in office people Personalmanagement GmbH (Office People), partnering with the founder, Olaf Hansen, and management team.
Founded in 2005, Office People has demonstrated strong, organic growth for almost two decades. The company employs over 9,000 external staff across 100 locations, focusing on sectors with structurally high workforce demand including aviation, e-commerce, logistics, and mobility. Office People benefits from strong, underlying growth trends including flexible workforces as an essential tool to overcome structural shortages of labour across the EU.
H.I.G. Capital is focused on the mid-cap segment, supporting management teams and entrepreneurs to build businesses of significant value. Founded in 1993, the firm has invested in more than 400 companies throughout the U.S., Europe, and Latin America.