Walless has advised ClaraEst and Triin Raamat on the sale of recruitment and employment companies CVO Recruitment and Simplika to the Gi Group Holding.
CVO Recruitment and Simplika were founded in 2001 in Estonia. Their companies collectively generate revenues of EUR 16 million annually by partnering with over 450 clients through handling an average of over 850 recruitment projects per year and providing temporary employment to over 500 workers daily.
HR solutions and staffing company Gi Group Holding has more than 6,700 employees and operates in 29 countries in Europe, Asia-Pacific, and North and South America.
According to Walless, “CVO Recruitment recruits middle and top-level specialists and top managers. Simplika focuses on personnel leasing and staffing, recruitment of junior and mid-level specialists, complemented by related services such as market consultation, onboarding, and outplacement. Both business lines specialize in recruitment in the fields of technology (including IT), finance and analytics, sales & marketing, management, and more.”
The Walless team included Partner Karl-Erich Trisberg and Junior Associate Laura Melk.
Walless did not respond to our inquiry on the matter.
