AVANTGARDE EXPERTS TO BECOME PART OF INTERNATIONAL RECRUITMENT AGENCY YER (FOTO)

Munich (ots) - The YER Group, an international recruiting company operating out
of the Netherlands, is investing in the Munich-based recruitment specialist
AVANTGARDE Experts, which operates throughout Germany. The partners will be
moving forward together to strengthen their position on the German market for
filling personnel vacancies in sustainable industries such as tech, mobility and
energy. YER is acquiring one hundred percent of the shares formerly owned by the
parent company AVANTGARDE and private equity company EMH Partners.

Joining forces for an international job market

As part of the international YER Group, AVANTGARDE Experts will continue to
write its success story. As a result of the acquisition, the company will now
also be separating under company law from the brand experience agency AVANTGARDE
as the parent company. Started at the end of 2007 as recruitment experts for
events, AVANTGARDE Experts has developed into one of the German market leaders
in filling academic roles in the mobility & tech sector with its clear vision
for the future. Around 1,200 employees currently provide support for automotive
manufacturers and suppliers, OEMs as well as industrial and digital groups
across Germany in modern staffing solutions. The company generated revenue of
almost EUR100 million in 2023.

The YER Group, which reported record revenue of almost EUR400 million in 2023
and currently has a workforce of almost 4,000 employees in the Netherlands,
Belgium and the USA, will gain large-scale access to the German market through
the acquisition. The company has already invested in a Bochum-based personnel
service provider Staffxperts this year, with a focus on the energy sector. The
new strategic partnerships enable further growth areas to be developed while
reinforcing the company's market position regarding the forward-looking MINT
sector.

Philipp Riedel, CEO AVANTGARDE Experts: "Becoming part of the YER Group marks a
huge milestone in our company's history. The partnership will accelerate our
journey to becoming the category leader in filling contemporary jobs in the
mobility & tech sector. The merger, in particular, also benefits both our
customers and our candidates. We provide customers access to international
talents and create transnational offers for our candidates. Personally, I am
especially pleased to have a new venture partner for AVANTGARDE Experts who is a
perfect cultural and economic fit for us."

Johan Overgaauw, CEO YER Group: "With its extensive expertise, its ambitions and
its sustainable market position, AVANTGARDE Experts opens up a broad market
entry for us in Germany. Acquiring AVANTGARDE Experts constitutes another
important step in our international growth strategy. I am greatly looking
forward to continuously improving our offering for both customers and candidates
through this joint collaboration."

The terms of the transaction have not been disclosed. The transaction is
expected to close subject to customary regulatory approvals.

AVANTGARDE Experts

AVANTGARDE Experts specializes as a recruitment agency in filling modern work
roles in the tech & mobility sector. 250 internal employees support automotive
manufacturers, suppliers, OEMs and industrial and digital corporations
throughout Germany in their search for the best talents. With contract models
including temporary employment, freelancing, direct placement and statement of
work, the recruiting specialist provides customized staffing solutions that meet
the flexibility needs of both companies and in-demand experts. With their
expertise in the requirements of a dynamic working environment and their
comprehensive industry knowledge, the specialized consultants bring innovative
companies and highly qualified experts together.

YER Group

YER brings ambitious professionals and top-level companies together. The
international recruitment agency is specialized in temporary and permanent posts
and catering for professionals with a bachelor's, master's or PhD degree. The
company has nine branch offices in the Netherlands as well as locations in the
United States and Belgium. Having been active in recruitment and placement since
1987, today YER is a leading international player in the market for both
temporary and permanent jobs.

Contact:

Antonie Hauswald
Tel.: [phone]
E-Mail: [e-mail]
www.avantgarde-experts.de

Maisberger - Gesellschaft für strategische Unternehmenskommunikation mbH
München
Tel.: +49 (0)89 - 41 95 99-33/-49/-51
Maren Voß/Karolin Böhm/Julia Kirchhoff
E-Mail: [e-mail]

Additional content: http://presseportal.de/pm/133427/5778967
OTS: AVANTGARDE Experts GmbH