CVC Capital Partners, a Luxembourg-based private equity firm, announced it has acquired a majority stake in World of Talents, which is owned by private equity firm Baltisse.

Baltisse is selling its majority stake to CVC but is reinvesting a significant portion.

Toon Hylebos, senior investment manager at Baltisse, said, “We are extremely proud of the growth that World of Talents has achieved over the past five years since our entry. We are convinced that the necessary foundations were also laid and that they form the basis for continued growth in the future. We look forward to remaining closely involved with management and CVC in this success story. This reflects our belief in the company's potential and our dedication to further support its ambitious growth plans.”

World of Talents is an international group of HR companies, specialising in “shortage professions” and talent management. The company is headquartered in Belgium but operates in the Netherlands, France and Germany. It has grown organically as well as through acquisition and aims to build a pan-European network.

CVC’s investment aims to support World of Talents in realising its growth plans. Both the management of World of Talents and Baltisse remain on board.

Steve Rousseau, CEO of World of Talents, said, “This investment will mark the beginning of an exciting new chapter for World of Talents, with the goal of accelerating growth, diversifying its offering and expanding its geographic footprint - nationally and internationally. We are excited to partner with CVC, whose global scale will help us further realise our mission and increase our impact on the HR community.”

CVC will use its international network and expertise to support World of Talents in achieving its strategic goals.

"We are impressed with what World of Talents has achieved to date and look forward to working with Steve and his team and in partnership with Baltisse, to support the exciting next phase of growth," said Steven Buyse, Managing Partner at CVC.

The price of the investment was not disclosed.