Randstad NV Acquires Grupo CTC from Portobello Capital

July 20, 2023

Randstad NV has signed an agreement to acquire Grupo CTC, a Spanish outsourcing provider of industrial, logistics and sales & marketing services, from Portobello Capital. The deal (enterprise value €80.5 million) expands Randstad’s value-added service capabilities and strengthens its leadership presence in Spain; Grupo CTC generated about €230 million in revenue in 2022 and operates from multiple offices and logistics facilities across Spain and Portugal.

Buyers
Randstad NV
Targets
Grupo CTC
Sellers
Portobello Capital
Industry
Staffing & HR
Location
Spain
Transaction Type
Buyout

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