ADG dienstengroep and NPM Capital announced today that they have reached agreement on NPM Capital’s acquisition of Zorgwerk. The proposed takeover will be submitted for approval to the competent authorities and is expected to be completed by the end of this year.
Zorgwerk is the market leader in the Netherlands in staffing services for healthcare, social assistance and child care. The strength of the company lies in the digital transformation that Zorgwerk already has initiated back in 2005, which involved creating a fully online platform used on a daily basis by thousands of healthcare professionals across the Netherlands. This platform enables Zorgwerk to match the supply of and demand for healthcare professionals efficiently and effectively. This involves short-term services (including emergency services) provided daily by organisations operating in a variety of sectors (including nursing and care, home care, healthcare and mental health care). Care professionals favour Zorgwerk because the platform provides them with the flexibility and empowerment they need. This is consistent with the public demand among care professionals for greater independence.
Driving further growth
Johan Terpstra, Managing Director of NPM Capital: “We are very excited to be given this opportunity to invest in Zorgwerk. The management, led by CEO Daniëlle van der Burg, were able to successfully digitise their business model, giving them a head-start we would like to build on further. We will be giving the team the freedom and opportunity to achieve their goals and further grow the company. We believe that, in partnering with the Zorgwerk team, we will do an even better job of matching the supply of and demand for care workers using digital resources and will provide improved services to care institutions in a variety of sectors through temporary and well-qualified care workers.”
Hans Kroeze, CEO of ADG dienstengroep: “Zorgwerk has gone from strength to strength in recent years operating under the auspices of ADG. It substantially increased its client base, revenue and profit, while at the same time contributing to ADG’s further growth. I firmly believe that Zorgwerk’s strategy will continue to thrive – and may be accelerated where necessary – with NPM Capital as its new shareholder.”
Daniëlle van der Burg, who will remain Zorgwerk’s CEO once the acquisition is completed, is looking forward to working with NPM: “In NPM Capital, we have found a strong partner that supports our growth objectives. Our employees and clients are central to our culture, with the main goal being innovating and improving our business processes. It is this combination to which we owe our leading position and excellent reputation in temporary staffing solutions for providers of care services. With NPM as our new owner, I see great potential for further improving our strategy and accelerating our growth.”
The acquisition of Zorgwerk will not affect any jobs: all staff will remain employed by Zorgwerk, while Daniëlle van der Burg will continue to serve as CEO.