Extract from M&A Insights

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SJR acquires Women Executive Search Sweden for SEK 48m
December 3, 2018

SJR in Scandinavia AB has acquired all shares in the Swedish-based headhunting company Women Executive Search Sweden AB (WES). WES focuses on executive headhunting and diversifying corporate management in Sweden. SJR has acquired WES with a combination of cash and shares in SJR and will maximum amounts to SEK 48m. WES reported a turnover of SEK 21m and EBITDA of SEK 5m in 2017, corresponding to an EV/EBITDA multiple of 9.6x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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