Transaction

Astorium acquisition marks key moment in Outtask’s expansion

Astorium, an authority in providing interim professionals within IT, Finance and HRM, is being acquired by Outtask. Outtask is a distinguished player in the staffing and employment services sector, focusing on the SME-plus and Enterprise segments. This acquisition is a significant step in Outtask’s growth strategy, expanding its offering as a full-service IT partner to include specialized services in Finance and HRM. Hogenhouck m&a advised Astorium in this transaction.

 

Facing a bright future under the Outtask umbrella

Astorium, with operations in the Netherlands and France, is an authority in providing interim professionals within IT, Finance, and HRM. Astorium has established a leading position, primarily within the nonprofit sector, with more than a quarter century of job placement experience, an impressive network of more than 70,000 professionals, and cutting-edge big data search and selection tools.

Bart Jan van Trommel, CEO of Astorium, reflects on the acquisition: “Astorium’s philosophy of making conscious choices and delivering intensive, intelligent work aligns perfectly with Outtask’s vision. The acquisition increases our capacity to serve our customers even better, supported by Outtask’s solid infrastructure and extensive network. We have full confidence in Outtask’s management to continue our mission and believe Astorium will have a bright future under the Outtask umbrella.”

 

Key moment in Outtask’s expansion

Outtask – best known for posting technical specialists within software development, DevOps, quality assurance, IT infrastructure and engineering – underlines its ambition to offer a broad spectrum of services with this acquisition. This move follows previous expansions within the IT infrastructure sector and confirms Outtask’s role as an integral IT partner.

Mike Dawud, CEO of Outtask, emphasizes the added value of this strategic move: “The merger of Astorium within the Outtask family marks a key moment in our expansion. Astorium’s deep expertise in Finance and HRM aligns perfectly with our existing IT services. Its advanced technological approach, especially the application of big data search and selection technologies, takes our service delivery to the next level. This combination of technological and industry expertise positions Outtask as a market leader and significantly strengthens our competitive advantage.”

 

Natural evolution

The official announcement of the acquisition on Feb. 6, 2024 is a natural evolution for both companies, which share a common corporate culture with an emphasis on results orientation, combined with humor and job satisfaction. This synergy drives the acquisition and provides the foundation for future growth and innovation.

With the integration of 80 specialized professionals from Astorium, Outtask expands its reach to serve an even broader market segment. Astorium will initially operate under its own brand name as part of the Outtask portfolio: Astorium by Outtask. This strategy ensures continuity for customers and employees while working toward seamless integration and leveraging synergy benefits.

 

A team that understands our company and our business

Hogenhouck m&a advised Astorium with Mark van Beusekom, Cedric Baerts and Bernard Bruggeman.

Bart Jan van Trommel looks back on the cooperation with Hogenhouck m&a: “We have been in consultation with Hogenhouck for years on the development of our company. At Hogenhouck we have found a team that understands how our company and our business are put together, and what the most important business drivers are.”

Mark van Beusekom on this partnership: “At an early stage, we explored the strategic options for Astorium with Bart Jan and Petra. The merger with Outtask enables Astorium to strengthen its market position as a provider of interim professionals within IT, Finance and HRM and to broaden the services to clients. In addition, the merger offers many synergy benefits that will accelerate the future growth of both companies. We are delighted that with Bart Jan and Petra we have shaped the next step of Astorium.”

 

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