The Human Network acquires IT service provider Andarr
On 7 November 2014, the transaction closed of the acquisition of the shares in Andarr Holding BV by The Human Network (THN).
Through 19 specialised companies, the Human Network offers secondment services for various disciplines such as IT, process improvement, HSE, HR and learning & development. THN employs approximately 500 people. Andarr is an IT secondment organisation specialised in IT migrations and transitions of complex IT infrastructures. Andarr employs approximately 60 people, and their turnover is approximately € 8 million.
Both organisations consider this acquisition a win-win: with respect to THN, this is a solid addition to the IT services it offers. For Andarr, this is an opportunity to further expand its specialism within a large and robust organisation. Andarr will continue to operate as an independent label within THN.