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 doctors, 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 doctors and is partner to over 270 clinics in Germany. Together with House of HR and its new 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. We now have a strong partner at our side in House of HR, 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 them to our portfolio. Together with the management of LD Personalvermittlung, we are committed to developing the company even more significantly in the coming years.”
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.
House of HR is a leading provider of staffing solutions in the main European staffing markets, offering comprehensive temporary staffing and outsourcing services. Headquartered in Roeselare (Belgium), the group offers specialized and niche staffing services. Primarily for small and medium-sized enterprises, House of HR offers solutions through its two segments Engineering & Consulting and Specialized Talent Solutions, each composed of several PowerHouses promoting their specialized HR solution offering under different brands.
The group also offers digital recruiting through its dedicated platforms using its digital tools, including NOWJOBS, SWOP and the Gighouse app.