Buyout of majority stake in Prohuman

Buyout of a majority stake in Prohuman, the leading CEE HR service provider, from GI Group
Buy-side advisor
Sector: Business Services
Revenue (2020):
EBIT (2020):
Employees (2020):

Invescom provided complex advisory services to the minority shareholders of Prohuman in the largest transaction of the Hungarian HR sector. As buy-side advisors we supported the buy-back of quotas from the Polish subsidiary of the Italian GI Group and as organizers of financing we participated in securing the funding needs of the buy-back transaction for which our client issued bonds within the development funding scheme of the National Bank of Hungary.

Prohuman, established in 2004 is one of the leading HR service provider groups in CEE, providing temporary placement, recruitment, outsourcing and HR administration services to more than 700 international corporate and SME clients in Hungary, Romania, Slovenia, Austria and Germany.

GI Group is one of the biggest global HR service providers with presence in almost 60 countries serving more than 20,000 clients in the field of temporary placement, recruitment and other HR services. Consolidated revenues of the Group exceeded EUR 2.5 billion in 2020.