CMS advises TA Associates on acquisition of Alleo by Epassi

"CMS advised TA Associates on the acquisition by Epassi Oy of all shares in YourCampus Holding B.V., including Alleo B.V. Epassi, a Finnish HR specialist owned by TA Associates and Warburg Pincus, has been active in the Netherlands; Alleo, founded in 2020, recently expanded after a 2023 €5m financing."

CMS has advised TA Associates on the acquisition by Epassi Oy of all shares in YourCampus Holding B.V. and its subsidiaries, including Alleo B.V. The transaction sees Epassi, a Finnish HR specialist owned by TA Associates and Warburg Pincus, consolidate ownership of the Dutch operations through the purchase of YourCampus Holding B.V. and its subsidiaries. Epassi has been active in the Netherlands for several years and in 2022 acquired corporate fitness platform Exercite, including brands such as Bedrijfsfitness Nederland and Workit. Alleo, founded in 2020 and formerly trading as YourCampus, has evolved from a start-up into a leading HR platform. In 2023 the company completed a €5 million funding round led by Mediahuis Ventures with participation from existing investors Newion, DFF Ventures (formerly Dutch Founders Fund) and ROM InWest. Earlier this year Alleo acquired CultuurWerkt!, a foundation originally established by Joop van den Ende, and has since expanded into the German market. CMS represented TA Associates with a team composed by: Elmer Veenman, Carola de Bruijn, Robin Sijbesma and Tijl Poen.

CMS advises TA Associates on acquisition of Alleo by Epassi

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