Hudson Global Inc. (NASD: HSON), signed deals to sell its recruitment and talent management operations in Europe and Asia Pacific for an estimated total of $41.2 million. The company intends to focus on its global recruitment process outsourcing business going forward.

Value Plus NV, led by Hudson Benelux CEO Ivan De Witte, will acquire Hudson’s recruitment and talent management operations in Belgium, the Netherlands and Luxembourg for $24.7 million in estimated net proceeds. The business was founded by De Witte in 1982 and has a team of 250 people including consultants, researchers, R&D and support staff.

Morgan Philips Group SA will acquire Hudson’s recruitment and talent management operations in the rest of Europe for $10.5 million in estimated net proceeds. The proposed deal covers Hudson Global operations in the UK, France, Spain and Poland as well as a network of franchise operations in Denmark, Sweden, Norway, Czech Republic, Ukraine and Slovakia. Established in 2013, Morgan Philips Group has offices in the US, Europe, Latin America, the Middle East and Asia. It provides executive search, permanent and temporary recruitment, interim management and talent management. The acquisition will create a combined business with a turnover of 130 million euros with 600 employees in 20 countries.

Apache Group Holdings Pty Limited will acquire of Hudson’s recruitment and talent management operations in Asia Pacific. Apache is led by current Hudson Asia Pacific CEO Mark Steyn. Apache will pay $6.0 million in estimated net proceeds and assume the company’s short-term debt in Asia Pacific, which was $6.3 million as of Sept. 30. Apache counts more than 675 employees across 16 offices in five countries. The business will retain the Hudson brand locally to capitalize on a 30-year presence in Australia, more than 26 years in New Zealand and 17 years in Asia.

All three deals are subject to customary transaction adjustments.

Pittsburgh-based IT staffing firm Mastech Holdings Inc. (NYSE MKT: MHH) acquired Hudson’s US IT staffing business in 2015.

“With a predicted double-digit growth in the RPO market over 2018, this is a timely transaction to enable Hudson to further invest in and scale its RPO business to drive the business forward,” said Elizabeth Rennie, global workforce solutions research director at Staffing Industry Analysts.

Hudson plans to file a proxy statement with the US Securities and Exchange Commission seeking shareholder approval for the sale of substantially all of its assets as a result of the proposed sales.

RPO is less capital intensive than recruitment, according to the company; it requires less real estate and lighter back-office support, has longer-term contracts and is less cyclical.

“We are excited to focus on the RPO business going forward and pleased to have reached these agreements for the sale of our recruitment and talent management businesses,” said CEO Stephen Nolan. “This decision is a result of a lengthy and thorough review of our strategic alternatives and our desire to focus on the growing RPO business. We believe these transactions are in the best interest of all stakeholders and believe these transactions will allow each of our business lines to thrive with more resources, investment and dedicated management than in our existing structure.”