Clearwater International advises Schoevers on its sale to Astor Participaties

Clearwater International has advised Schoevers Groep (Schoevers), the leading training college for management support related jobs, on its sale to Astor Participaties, an independent private equity investment group, from Partners in Equity. Current management will remain under this transaction and Astor Participaties will continue to support the existing current growth strategy of the company.

Established in 1913, Schoevers is a prominent training college for management support related jobs in the Netherlands. In addition to its traditional training programs such as Schoevers Voltijd and Schoevers Academie, the group has expanded into in-company training through Schoevers Training & Advies, recruitment and staffing services through Schoevers Professionals, and a publishing house named Expertise. With a staff of 300, six main branches and four auxiliary branches, the company has a significant presence in the Netherlands.

Astor Participaties is an independent private equity investment group investing in mid-sized companies with a dedicated management team and promising growth opportunities, typically investing amounts ranging from €1m to €7.5m.