Alantra advises Grupo Focun on the sale of its shares to GI Group
Bogotá – Alantra, the global investment banking firm, has acted as exclusive financial advisor to Grupo Focun on the sale of 100% of the shares of its operating subsidiaries, T&S Temservice and Especialistas en Servicios Integrales (ESI), to GI Group, a leading global human resources outsourcing company.
Through the acquisition, GI Group inorganically increased the size of its local operation in Colombia to become one of the largest players in the market.
Based in Bogotá and with a footprint across Colombia, Grupo Focun has a 30+ year history providing staffing and outsourcing services to national and multinational companies in the financial, industrial, oil, mining, mass consumption, cosmetic, pharmaceutical, transport and telecommunications sectors, among others.
Grupo Focun offers its services through several brands including T&S Temservice, Alkho, Impakte, Netinn and Facility Management. The Group is one of the leading companies in the sector in Colombia, employing more than 6,000 people and with a client list of more than 180.
Founded in Milan, Italy, GI Group Holding is one of the world’s leading providers of services for the labor market with sales of €3.3 billion in 2021. The company is the fifth largest staffing firm in Europe and the sixteenth worldwide. Its global staffing and recruitment business ecosystem features six brands (GI Group, GI BPO, INTOO, Wyser, Grafton, Tack/TMI), offering a 360° suite of products and high-impact solutions. The company has more than 6,000 direct employees and thanks to its direct presence and strategic partnerships it is active in more than 100 countries in Europe, APAC, America and Africa through both a direct presence and strategic partnerships. GI Group Holding serves more than 20,000 clients.