Overview

Cowen advises the shareholder of LD Personalvermittlung GmbH on the sale to House of HR

Cowen advised Stephan Meyer, the shareholder of LD Personalvermittlung GmbH (“Locum Doctors”), a leading locum physician agency in Germany, on its sale to staffing provider House of HR. Stephan Meyer will take a reverse stake in House of HR following the sale of his shares.

Locum Doctors was founded in 2017 in Oberasbach near Nuremberg by Stephan Meyer and today employs 36 people. Thanks to its focus on the placement of physicians, the company has successfully positioned itself as a specialist agency in a rapidly growing market. Today, Locum Doctors has a steadily growing pool of more than 4,500 physicians and is partner to over 270 clinics in Germany. Together with House of HR and its investor Bain Capital, the company will continue to drive its growth strategy and plans to establish itself in neighboring countries in the future.

House of HR, a leading provider of HR services in Europe, has already gained a specialist for medical recruitment in Germany with the acquisition of avanti GmbH in April 2021. With the acquisition of Locum Doctors, the Health Care division is now to be further strengthened.

Stephan Meyer, founder and CEO of Locum Doctors: “We are very pleased and excited about this result. I would like to express my gratitude to the entire Cowen team, whose professionalism made the acquisition go so excellently for us. With House of HR we now have a strong partner at our side, who is determined to follow the growth path together with us.”

Rika Coppens, Managing Director of House of HR: “By acquiring LD Personalvermittlung, we are expanding our specialization in the Health Care sector. We are therefore very pleased to welcome the company to our portfolio. Together with the management of LD Personalvermittlung, we are committed to developing the company even more significantly in the coming years.”

About Locum Doctors

Locum Doctors is a specialized recruitment agency that focuses exclusively on the placement of physicians. The service includes the placement of physicians of various specialties and positions at clinics to ensure medical care and cushion capacity bottlenecks and peak loads. With its headquarters in Oberasbach and additional branches in Neuss and Bad Homburg, the company places physicians throughout Germany, with a strong focus on southern Germany.

About House of HR

House of HR is a leading provider of HR solutions in key European staffing markets, offering end-to-end temporary recruiting and outsourcing services. Headquartered in Roeselare (Belgium), the group supplies specialized and niche staffing primarily to small and medium-sized enterprise clients through its  two segments, Engineering & Consulting and Specialized Talent Solutions, each of which is composed of multiple PowerHouses which use various brands to promote their specialized HR solution offering.

The group also offers digital recruiting through its dedicated platforms, using its digital tools, including, NOWJOBS, SWOP and the Gighouse app.