Sisu Group welcomes investor Down2Earth Capital
Official press statement regarding the entry of Down2Earth as investor in Sisu Group
Sisu Group is a business partner that offers ambitious growing companies solutions in the shape of staffing, advisory, and training of specialized profiles in pharma, engineering, project management, digital marketing, HR, finance, and supply chain. To support further growth, Down2Earth Capital II (D2E) acquires an interest in Sisu Group’s capital.
The foundation for Sisu Group was laid in 2009 with the creation of multi-specialist Strand Associates Consulting by Stéphane Collignon. After a rapid growth trajectory, the first step was taken in the expansion of the group in 2018 with the acquisition of NedWorks (digital profiles), followed by acquisitions in engineering (Catalay) and project management (Prosource and ProjectPolis). In the meantime, internal activities in HR, finance and supply chain consulting were also started up. Today the group has more than 280 project consultants and 50 internal employees.
In the coming years, Sisu wants to continue to focus on organic growth, whereby the group, with its presence in growing markets and its specialized profiles, is in a strong position in the “war for talent” and the structural trend towards greater flexibility. At the same time, targeted acquisitions will focus on geographic growth and additional niches.
The entry of D2E coincides with the decision of co-shareholder Gaël Terroir to phase out his operational function. CEO Stéphane Collignon and the other members of the key management team remain on board to realize the ambitious plans.
“Industry expertise and long-term customer relationships have been the cornerstones of our group for many years.”Stéphane Collignon, CEO Sisu Group
“Expanding a group also creates the need for more structure, for which we have already taken important steps in recent months. In D2E we find the ideal partner who can further support this professionalization”, Stéphane adds. “The Sisu group has built up a strong position in attractive areas of expertise,” says Alain Keppens of Down2Earth. “We therefore see an important role for the group in the consolidation of the sector, which we are happy to support.”