Sale of GEOS IT Professionals to DPA Flex Group
DPA Flex, the Netherlands based human resources group, has acquired GEOS IT Professionals. GEOS provides secondment of Oracle, SAP and Siebel professionals for governmental and semi-governmental organisations and the Dutch corporate sector. GEOS employs approximately 100 interim professionals and in 2006 achieved sales of Euro 11.4 million with a net profit of Euro 1.8 million.
DPA Flex N.V., listed on Euronext Amsterdam, is a multidisciplinary service provider, providing comprehensive solutions for staff flexibility. DPA Flex has a leading position in the secondment market of interim professionals in Finance and ICT and is strongly present within the disciplines of HRM, Legal, Supply Chain and management & Strategy.
PhiDelphi acted in this transaction as advisor of GEOS.