The Austrian temporary employment agency Trenkwalder, founded in 1993, was the former market leader in Austria. The company catered for the whole spectrum of qualified staff, from unskilled workers to specialists. In 2003, capiton provided the company with growth financing. Working together with the Trenkwalder family, the company went on to undergo significant expansion, in particular through add-on acquisitions in Eastern Europe. In 2007, capiton sold its shares to the Trenkwalder family, who wished to continue the growth strategy. At the time of the sale, Trenkwalder was represented in all Central and Eastern European countries, and was a market leader in Austria, Hungary, Czech Republic and Slovakia. With more than 10 add-on acquisitions, Trenkwalder is another example of capiton successfully carrying out a buy-and-build strategy.
Industry: Service / Trade / Logistics
Financing Events: Buy-and-Build, Growth