Squire Patton Boggs has advised CEO and shareholder Dimitri Yocarini and the Olympia Nederland BV management on the intended sale of a majority stake in the company to Navitas Capital. Completion of the transaction is subject to approvals from the relevant authorities.
The team was led by Corporate partner Jeroen Sombezki in Amsterdam, assisted by associate Jurriaan Puijpe.
Olympia is a national player in the human resources sector in the Netherlands. The company has over 130 branches throughout the country. As one of the largest employment agencies in the Netherlands, Olympia places tens of thousands of job seekers annually in temporary and permanent positions, focusing on logistics, manufacturing, government, and business services.
Navitas Capital is a Dutch private equity firm focused on mid-market companies in food & agriculture, digital, consumer, smart production, healthcare, and sustainability. With this investment, Olympia and Navitas are committed to further strengthening Olympia’s position within the Dutch labour market.