Dutch placement organisation Continu, which operates as part of Belgian-based House of HR, will take over Netherlands job matching firm TechMatch.

Financial details of the transaction were not disclosed.

TechMatch owners Wilco Crone and Jan van Vroenhoven will transfer their shares, but continue to work within the organisation.

“With this acquisition, the Continu Group is writing a new chapter in achieving its ambitious growth objectives through a buy-and-build strategy,” the Continu Group stated.

TechMatch was set up in 2004 and serves small and large businesses in the mechanical engineering, electrical engineering, installation engineering, automotive, high-tech, logistics and process engineering sectors. The company helps technically trained specialists in finding a permanent job. The company has three offices in the Netherlands: Breda, Eindhoven and Nijmegen.

With a pool of 200 external workers, the organisation turned over €10.6 million in 2019. TechMatch will continue to operate under the Continu Group brand, TechMatch (powered by Continu Group). 

TechMatch’s locations will remain unchanged. The company will use Continu services, as well as software, marketing tooling and the HR platform for the development of in-house staff.

“The merger with the Continu Group is a logical step in TechMatch’s further professionalisation and will help to fulfil our growth ambitions of achieving a turnover of €15 million in 2020,” former shareholders Wilco Crone and Jan van Vroenhoven said. “The quality of our service takes top priority at all times.  This step will give us access to more resources and expertise than were previously available. It will put us in a position to serve our customers and candidates even better. And that is what it is ultimately about: making the right match.”

Seth Winterscheidt, CEO van Continu Group, said, “The acquisition of TechMatch means that we are once more supplementing and expanding a number of engineering specialisms. Together with TechMatch’s employees, we will make a success of this new chapter and boost the expansion of our client portfolio considerably”.

Continu has been an intermediary in construction and industry for 25 years. In 2019, it placed around 2600 candidates in employment, the majority of them on secondment. The company operates in the Netherlands, Belgium and Germany.