As of 1 December 2018, Smart Human Capital Group NV, the company build up by the entrepreneurial duo Boudewijn Dupont and his wife Kim Ciers, will be taking over business unit 3W Executive Interim Management from the Adecco Group Belgium. Dupont was appointed managing director at 3W by Adecco in April 2016 and is now moving on via a management buy-out. Dupont is also a member of the Board of Directors at Federgon, on the Interim Management committee.
The agreement has been made since the services offered by 3W are more related to the activities Smart Human Capital Group NV is now carrying out. The group offers consulting to SMEs, start-ups and multinationals through their ‘Business Coaches Network’ program.
“When I started working as a managing director at 3W in 2016, my horizon broadened immensely,” Boudewijn Dupont says.” Throughout those 22 years of experience, 3W has built up a gigantic network, which includes more than 7,000 high-level and hands-on profiles, represented in different industries and functions. This enables us to offer fantastic and efficient solutions to companies.”
The management buy-out initiated by Boudewijn Dupont also means that two powerful brands, 3W and Business Coaches Network, are joining Smart Human Capital Group. This helps build the bridge between consultancy and interim management and will stimulate growth within the company.
The Adecco Group Belgium is selling those specific activities in order to focus more on its core business: providing its business clients with temporary and permanent personnel. “The partnership between 3W and the Business Coaches Network already made for a successful collaboration. Talks with the current managers resulted in the decision of giving them the opportunity to grow their activities independently. The agreement is beneficial for both the Adecco Group as the new owners of 3W, since they can focus on and expand their own activities. Both organisations will continue to work closely together. The Adecco Group is introducing a referral program to support the executive interim management activities,” announces Nico Reeskens, Country manager at the Adecco Group Belgium.
The acquisition does not entail any lay-offs. The managers at 3W will stay in their present appointments and the entire 3W team will be transferred. The price of the acquisition has not been disclosed.
3W will still be assisting companies with interim management, executive recruitment, management buy-in & business coaching. Its offices are located in Brussels and Antwerp.
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InterPro Consulting (Pandion Partner in Belgium) has advised the buyer.