Mergers & AcquisitionsGrowth Capital

Value Enhancement Partners (VEP) acquires Upforce

By 3 July 2023September 20th, 2023No Comments

Vincent and his team successfully connected us with an international direct lender providing us with a flexible financing solution, enabling us to execute an ambitious buy-and-build program going forward. YES understood our needs very well, enabling us to run an efficient debt financier selection process”

Bjørn van KnippenbergPartner - Value Enhancement Partners

YES Corporate Finance (“YES CF”) is proud to have acted as debt advisor to Value Enhancement Partners (“VEP”) on the acquisition of Upforce B.V. (Opus People) 

Upforce

Upforce, headquartered in Venlo, is a full-service supplier of international temporary staffing solutions for 1st and 2nd generation migrant workers in the Netherlands. The company operates a large European sourcing network in multiple countries, ensuring sufficient influx of skilled and qualified professionals. Upforce employs over 1,500 workers on a daily basis, primarily in key sectors experiencing structural scarcity, such as engineering & construction, logistics & e-commerce and food production.

Value Enhancement Partners 

VEP is a privately owned hands-on investment and management firm that is focused on investing in ‘special situations’ in mid sized industrial companies that go through a turbulent period of change. Since its inception in 1999 VEP has developed into one of the leading ‘special situation’ investment teams in the Benelux.

Get in touch with the deal team
Partner

Vincent Hafkamp

Vincent Hafkamp (1975) started as partner at YES Corporate Finance in September 2022. He has over 20 years of experience in M&A, business valuations and financing. Vincent was formerly active at Gilde Equity Management, ING Bank, KPMG Corporate Finance, and RiverBank. At Riverbank, Vincent was responsible for gaining foothold in The Netherlands. His broad experience allows him to advise a wide array of clients with different financial problems.

Contact
M: +31 6 1139 8307
E: hafkamp@yescf.nl