Jurek acquires ID Entity AB, looks for grwoth.

Sweden M&A 15 August 2018
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Jurek Rekrytering & Bemanning AB, a Stockholm, Sweden-based recruiting company, announced getting into an agreement to acquire the Swedish ID Entity AB, a recruiting and consulting company focusing on HR.

The acquisition, which has the financial details undisclosed, aims to strengthen Jurek's HR offerings and complements the already well-established specialist areas in law and finance.

Jurek, led by CEO Shervin Razani, had a turnover of SEK 170M ($19M) according to the 2017 annual report and has 260 employees.

ID Enity AB, led by CEO Ylva Ottosson, reported revenues of SEK 30M ($3.3M) in 2017 and has 30 employees. Jurek acquires all shares in ID Entity AB.