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Freshstream to take majority stake in recruitment firm G2V Group

Freshstream to take majority stake in recruitment firm G2V Group

Danny Romero
| December 2, 2024

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Freshstream Investment Partners, a private equity firm, announced that it has agreed to acquire a majority stake in G2V Group, a contract staffing and recruitment firm based in London.

Originally founded in the UK in 2004, G2V focuses on talent solutions for highly skilled roles within the technology, engineering, government and life sciences sectors. The company has three brands including Vivid Resourcing, g2 Recruitment and Lumicity. The business now operates 22 offices across the Benelux and DACH regions, the UK and the US.

The investment will support G2V’s plans to deepen its presence in existing markets and drive continued international expansion, particularly in the US.

G2V Group will be the eighth investment in Freshstream’s first independent fund, which closed last year, having raised €762 million.

Freshstream is a mid-market private equity firm with offices in London and Amsterdam.

Reza Fardad, partner at Freshstream, said in a press release, “We are impressed by G2V’s deep domain expertise in its target sectors, as well as its high-performance culture and KPI-driven model, which have resulted in a strong historical track record and outperformance relative to peers. Their robust business model, strong market positioning, and experienced leadership team make them an ideal partner for Freshstream. We look forward to supporting G2V’s continued expansion and enhancing its international footprint.”

Luke Parker, CEO of G2V Group, added, “Our new partnership with Freshstream marks an exciting new chapter for G2V Group. Freshstream’s deep experience in scaling businesses will be invaluable as we pursue ambitious growth plans and further establish ourselves as a leader in delivering exceptional talent solutions.”

Terms of the transaction were not disclosed.