Successful sale of Vio Interim to SD Worx

Degroof Petercam Corporate Finance exclusive adviser to the shareholders of Vio

Degroof Petercam Corporate Finance acted as the exclusive financial adviser of the shareholders of Vio Interim – private equity fund Down2Earth Capital and Vio Interim’s management - in the sale of the company to SD Worx.

Vio Interim was founded in 2009, employs 120 people over 35 branches and is the fastest growing temporary staffing agency in Belgium. SD Worx, internationally active in payroll administration and HR consulting activities, acquires Vio Interim from Down2Earth Capital and Vio’s management. Vio’s management will reinvest part of their proceeds and is committed to assist SD Worx in further expanding the temporary staffing activities of the group.

The corporate finance team assisted the shareholders in structuring and negotiating the transaction. Alexis Meeus, head of Corporate Finance, and Henk Vivile, managing director Corporate Finance: “This is the second time that we advise Vio; in 2015 already, we acted as financial adviser to the then shareholders and management in the sale of a majority stake to Down2Earth Capital. We are proud to accompany our clients over the long term along their growth path.”

More information in SD Worx press release here (Dutch and French only) https://www.sdworx.be/nl-be/sd-worx-r-d/publicaties/persberichten/2017-10-26-sd-worx-holding-neemt-vio-interim-over.

Bob De Leersnyder External Communication Manager, Bank Degroof Petercam
Alexandra Niehe Head of corporate communications, Bank Degroof Petercam
About Degroof Petercam Belgium

Degroof Petercam is a reference financial institution with a history dating back to 1871. As an independent group owned by family shareholders with a long term commitment, we serve private and institutional investors.

Our clients benefit from a unique combination of services in private banking, institutional asset management , investment banking (corporate finance and financial intermediation) and asset services. We manage assets of more than 55 billion euro for private investors and families, corporates, pension funds, universities, insurance companies, governmental and non-profit organizations.

Headquartered in Brussels, we employ around 1 370 professionals through offices in Belgium, Luxembourg, France, Switzerland, Spain, The Netherlands, Germany and Italy.

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