Broviken Gruppen AB (“Broviken”) enters into a strategic partnership with FinancePeople, Norway’s leading player within recruitment and interim management focused on accounting and finance expertise. The investment is made alongside the company’s current owners, management, and key personnel.
Through its specialisation in accounting and finance profiles, FinancePeople delivers high customer value. Since its founding in 2011, the company has established a strong brand and reputation among both clients and candidates. Today, the company boasts a diversified client base with long-standing, recurring client relationships. Its knowledgeable team conducts approximately ~300 recruitments annually and currently has around ~80 consultants on assignments within accounting and finance.
“We at Broviken are very pleased to welcome FinancePeople to our group of companies. We have been impressed by the high quality of the management, employees, and clients at FinancePeople. With a well-developed delivery model combined with the company’s solid values, it has established itself as a market leader. We look forward to developing synergies and collaborations with our existing recruitment and interim companies in Sweden (Nox Consulting, Nikita, Corplus, Maquire, Brightmill). Together with FinancePeople, these companies generate close to SEK 1.5 billion in revenue,” says Anders Törnsten, Investment Director at Broviken.
“We at FinancePeople are proud and humbled to partner with Broviken and truly look forward to working together. Broviken has a forward-leaning and highly skilled investment team that has already invested in similar businesses in Sweden. With this partnership, FinancePeople will stand even stronger, with even greater potential to continue growing and realizing opportunities in the years ahead,” says André Herlofsen, Founder and CEO of FinancePeople.
Broviken invests in highly specialised service companies run by strong entrepreneurs and management teams. Broviken’s partners bring extensive personal experience in developing service companies in roles as executives, owners, and board members. Broviken is a very long-term owner and invests with an indefinite time horizon. Broviken’s focus is on developing businesses and contributing to helping already great companies become even better and reach their full potential.
For further information, please visit www.broviken.se.