H2 Equity Partners acquires majority stake in Myler

H2 Equity Partners acquires majority stake in Myler and realises first bolt-on acquisition. H2 Equity Partners (“H2”) is pleased to announce the investment in Myler, a market leading, rapidly growing online staffing platform for highly educated, independent (IT) professionals.

Myler provides innovative staffing services by directly connecting corporate managers with professionals via an online ‘Branded Network’. Myler, based in Utrecht (The Netherlands), has circa 1000 professionals at work and has annual revenues of ca. €80 million. Myler aims to be the best solution for organisations in providing the most suitable independent professionals for their IT projects in a highly efficient manner. In addition, Myler aims to be the number one platform and network for independent, specialised IT professionals by having the broadest and most attractive offering of potential assignments. Founder and CEO Toon van Bodegom remains shareholder of Myler and will continue to drive the further growth and development of Myler together with H2. Besides autonomous growth, the plan is to accelerate Myler’s growth through selective bolt-on acquisitions.

A first important step in the further growth of the platform is the acquisition of Jenrick. Jenrick, based in Culemborg, is also a staffing company of independent professionals focused on the IT segment and is of similar size as Myler. Jenrick is specifically strong in the non-profit-, technology-, finance- and telecom sector. The combined company will be able to offer a broader portfolio of staffing and other services to its corporate customers and independent professionals.

Both the acquisition of Myler and Jenrick are still subject to the approval of the Dutch competition authority ACM.

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.