PwC advised Gi Group Holding on the acquisition of an HR leasing and staffing company

PwC Lithuania, Latvia and Estonia have acted as the exclusive buy-side advisor to the Gi Group Holding, the leading Italian international company dedicated to the HR market, in their acquisition of Verita Solutions OÜ, which manages personnel leasing & staffing companies CVO Recruitment and Simplika. 

The project, which was led by Petras Misiūnas and Greta Didžbalė, included the provision of financial, tax and legal due diligence, as well as other transaction support services.

The project showcased excellent collaboration between the Deals, Tax and Legal advisory teams in PwC Estonia, PwC Latvia and PwC Lithuania.

  • The financial due diligence was led by Teet Tender, Greta Didžbalė, Raul Ruubel and Gerds Ivuskans.
  • Tax due diligence team included and was led by Nerijus Nedzinskas, Kristina Grinevičiūtė, Martin Tois and Īva Saicane.
  • Legal due diligence, as well as other legal transaction support, was provided by teams led by Elena Mickevičienė, Karin Marosov and Jānis Gavars.

CVO Recruitment provides labour market consultation services with its main focus on recruitment and headhunting, Simplika provides personnel leasing and staffing services for companies who cannot or in some cases decide not to hire employees directly.

Gi Group Holding is Italy's leading international company dedicated to the labor market, operating in 29 countries and employing more than 6,700 people. Gi Group Holding offers services to more than 20,000 companies, it is the 5th largest staffing company in Europe and the 16th largest in the world.

Contact us

Petras Misiūnas

Petras Misiūnas

Senior Manager, Deals, PwC Lithuania

Tel: +370 616 38601

Greta Didžbalė

Greta Didžbalė

Senior Manager, Deals, PwC Lithuania

Tel: +370 653 92002

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