At what enterprise value was HOUSE OF HR acquired in 2022?

During the acquisition of HOUSE OF HR by BAIN CAPITAL in 2022, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of HOUSE OF HR when it was acquired by BAIN CAPITAL?

The estimated EV/EBITDA multiple for HOUSE OF HR is in the range of 10x - 18x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

When was HOUSE OF HR acquired by BAIN CAPITAL?

HOUSE OF HR was acquired by BAIN CAPITAL in 2022.

What was the revenue of HOUSE OF HR at the time of the deal?

The revenue of HOUSE OF HR at the time of the deal is estimated to be in the range of 1b - 3b EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of HOUSE OF HR during the acquisition?

HOUSE OF HR's EBITDA is estimated to be in the range of 250M - 500M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the HOUSE OF HR acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the HOUSE OF HR deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://auris-finance.fr/bain-capital-interim-house-of-hr/

← DATABASE

Home Database Business ServicesHOUSE OF HR

06/2022

HOUSE OF HR

Acquired by

BAIN CAPITAL

BELGIUM Professional Services / HR & Capital / Temp Work / Staffing EV 1b - 4b EUR

HOUSE OF HR acquired by BAIN CAPITAL

BELGIUM Professional Services / HR & Capital / Temp Work / Staffing EV 1b - 4b EUR

Context

Bain Capital Private Equity acquired a 55% majority stake in House of HR from the French private equity firm Naxicap Partners. This transaction concludes a decade-long value creation cycle during which the group’s revenue exploded from €330 million to €2.2 billion through a series of tactical international acquisitions. The strategic rationale for the deal is rooted in the target’s hybrid positioning—combining traditional staffing with engineering consultancy and digital recruitment platforms. Despite the challenging macroeconomic environment following the geopolitical shifts in early 2022, the deal was successfully structured through a significant debt package, highlighting the high resilience of the group’s cash-flow profile. The partnership is designed to accelerate the group's "phygital" transformation and solidify its dominance in specialized European markets. This secondary LBO reflects the maturity of the Belgian champion, transitioning from a regional player to a globally recognized HR powerhouse with the financial backing required to maintain its high-speed acquisition pace and technical innovation.

HOUSE OF HR, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Business Services sector (11.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

House of HR is a leading European provider of specialized HR solutions and talent engineering services. The group operates under a unique decentralized model, managing a portfolio of distinct brands—such as Accent, Redmore, and Vialegis—that cater to specific professional niches including IT, legal, and engineering. A pioneer in the digitalization of recruitment, the company has developed proprietary platforms like CTRL-F (IT-focused) and Gighouse (freelance matchmaking). Its business model focuses on high-growth, high-margin specialized segments rather than generalist labor, providing both temporary staffing and permanent placement. Strategically, the group leverages its extensive network of 700 offices across Europe to combine local proximity with advanced digital tools, serving 57,000 workers monthly and positioning itself as a "Tech-enabled" leader in the European human capital market.

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 1b - 3b EUR

EBITDA range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HOUSE OF HR by BAIN CAPITAL are reserved for mynth community members. Register for free to unlock full data.

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Acquirer: bain capital