Argo advises Gimv and Xpertise Group on its refinancing following its cross-border acquisitions

Argo advises Gimv and Xpertise Group on its refinancing following its cross-border acquisitions

Argo acted as borrower’s counsel on the refinancing of the Xpertise group, following its key acquisition of the Dutch Haldu-group.

Xpertise group (Impact and Nova Engineering) is specialized in technical staffing (engineering, technics, construction, etc) and is headquartered in Belgium. After Gimv acquired a participation in 2018, the group took a majority stake in the temporary employment agency Haldu Groep in the Netherlands in 2019.

Argo assisted in setting up a comprehensive refinancing package for the group and led the negotiations for the Belgian and Dutch refinancing operation with its lenders.