New private equity for Finnish HR Group StaffPoint

MB Funds agreed with Sponsor Capital on February 10, 2025, to purchase the HR StaffPoint Group. The transaction is still subject to approval by the Finnish Competition and Consumer Authority. The existing owners, including Varma Mutual Pension Insurance Company and StaffPoint' Management, will remain, and the State Pension Fund in Finland will join as a new owner. Anu Ahokas will continue as the CEO of the Group.

StaffPoint Group is one of the largest employers in Finland and a leading HR company in the country. The Group consists of StaffPoint Oy, a staffing and recruitment company; Spring House Oy, a coaching and training company; and Henrico Digital Oy, a recruitment company for digital experts. In 2023, the Group's turnover was €137 million, and StaffPoint employs approximately 14,000 people annually.

Through the corporate arrangement, the new majority owner MB Funds will accelerate StaffPoint's growth.
"First, I want to thank Sponsor Capital for the good cooperation! During their ownership, we significantly invested in the strategic development of customer relationships, digital capabilities, service production efficiency, and international recruitment. This creates a foundation on which we will build growth together with our customers. I look forward to working with MB Funds. We will accelerate business growth both organically and through corporate arrangements," says CEO Anu Ahokas.

"StaffPoint has a unique opportunity to increase its market share in the HR sector. We were convinced not only by the committed and skilled Management but also by the company's strong digital capabilities and responsible corporate culture. These bring significant competitive advantages in the market," explains MB Funds CEO Juha Tukiainen about the investment.

"I want to thank StaffPoint's Management and the entire company for the cooperation. Under the leadership of Anu Ahokas, the company achieved its profitability targets and developed customer relationships into strategic partnerships. Additionally, StaffPoint achieved a position as a leading digital expert in the HR sector," describes Sponsor Capital's Juuso Kivinen about the cooperation.

The previous investor, Sponsor Capital, will exit the company once the Finnish Competition and Consumer Authority approves the transaction. The transaction will not affect the company's personnel, customer relationships, or service portfolio.

StaffPoint Group does not wish to disclose the financial details of the transaction.

About MB Funds:
MB Funds, founded in 1988, is a leading Finnish private equity investor. MB manages private equity funds totaling €0.5 billion, with leading Finnish institutional investors as the main investors. During its operations, MB has successfully invested in approximately 50 medium-sized companies in the Nordic countries. Read further: MB Funds Internet page.