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Freshstream to acquire majority stake in G2V Group

2024.12.01

New partnership to drive global expansion for fast-growing staffing and recruitment group

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Freshstream Investment Partners LLP (“Freshstream”) today announces that it has agreed to make an investment in G2V Group (“G2V”), the fast-growing contract staffing and recruitment firm focused on talent solutions for highly skilled roles within the Technology, Engineering, Government and Life Sciences sectors.

Originally founded in the UK in 2004, G2V has developed a scalable business model trading through three market leading brands – Vivid Resourcing, g2 and Lumicity. The business has experienced significant organic growth since inception and now operates 22 offices across the Benelux and DACH regions, the United Kingdom and the United States.

G2V has deep domain expertise within its target sectors which are characterised by structural talent shortages and increasing demand for flexible workforce solutions, positioning the business to benefit from sustained growth in its key markets.

The investment will support G2V’s plans to deepen its presence in existing markets and drive continued international expansion, particularly in the United States. The company’s highly-tenured management team, led by CEO Luke Parker, will continue to lead the business with an ambitious growth strategy.

G2V Group will be the 8th investment in Freshstream’s first independent fund, which closed last year having raised €762 million. The business joins other high growth, entrepreneur led businesses in the portfolio including Worldstream, Project Better Energy, DeterTech, Bella Figura Music, Big Motoring World, MCR and Nafinco, which is now a minority holding following the sale of Freshstream’s majority stake to Waterland in September 2024.

“Their robust business model, strong market positioning, and experienced leadership team make them an ideal partner for Freshstream.”

Reza Fardad, Partner at Freshstream, said:
“We are impressed by G2V’s deep domain expertise in its target sectors, as well as its high-performance culture and KPI-driven model, which have resulted in a strong historical track record and outperformance relative to peers. Their robust business model, strong market positioning, and experienced leadership team make them an ideal partner for Freshstream. We look forward to supporting G2V’s continued expansion and enhancing its international footprint.”

Luke Parker, CEO of G2V Group, commented:
“Our new partnership with Freshstream marks an exciting new chapter for G2V Group. Freshstream’s deep experience in scaling businesses will be invaluable as we pursue ambitious growth plans and further establish ourselves as a leader in delivering exceptional talent solutions”