CVC, one of the world’s leading private equity investors, is pleased to announce it has agreed to invest in World of Talents, an international platform of HR companies specializing in bottleneck professions and talent management. CVC Funds’ strategic investment will support World of Talents to realize its growth prospects. Both World of Talents' management and Baltisse remain on board.
This investment will mark the beginning of an exciting new chapter for World of Talents, with the goal of accelerating growth, diversifying its offering and expanding its geographic footprint - nationally and internationally. "We are excited to partner with CVC, whose global scale will help us further realize our mission and increase our impact on the HR community," said Steve Rousseau, CEO of World of Talents.
Baltisse is selling its majority stake but is reinvesting a significant portion. “We are extremely proud of the growth that World of Talents has achieved over the past five years since our entry. We are convinced that the necessary foundations were also laid and that they form the basis for continued growth in the future. We look forward to remaining closely involved with management and CVC in this success story. This reflects our belief in the company's potential and our dedication to further support its ambitious growth plans,” said Toon Hylebos, Senior Investment Manager at Baltisse.
We are impressed with what World of Talents has achieved to date and look forward to working with Steve and his team and in partnership with Baltisse, to support the exciting next phase of growth.
Steven Buyse Managing Partner at CVC
CVC will use its extensive international network and expertise to support World of Talents in achieving its strategic goals. "We are impressed with what World of Talents has achieved to date and look forward to working with Steve and his team and in partnership with Baltisse, to support the exciting next phase of growth," said Steven Buyse, Managing Partner at CVC.
This new partnership provides for promising opportunities for World of Talents to expand its offering, accelerate growth and achieve further geographic international expansion.