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Netherlands – FSGroep acquires majority stake in Ukrainian firm

02 January 2014

Dutch staffing firm FSGroep has acquired a majority stake in Sharp Minds, formerly OSDN, a Ukrainian project sourcing company, specialising in sourcing teams of highly skilled professionals.

Nardo Lambregts, Director FSGroep "For FSGroep this step is of great strategic importance. This is a long-cherished wish. With Sharp Minds we provide new and existing customers of FSGroep access to affordable, yet high quality software development teams, but also highly efficient teams in the field of accounting. We are now able to provide solutions alongside our standard software.”

Edwin Zuydendorp, founder of Sharp Minds: "Unique in our service is that the customer keeps the project responsibility. Our role is limited to regulating capable and specialised teams. With access to the customer network of FSGroep, Sharp Minds can grow to approximately 200 engineers and financial workers in the next two or three years. "

FSGroep is located in Hilversum, Netherlands and reported sales of approximately EUR 26 million in 2013. It provides software and back office services.

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