The shareholders of Qare Nederland, a private operator and full-service partner in the field of sustainable employability, occupational health and safety services and social security, have sold their share capital to HCS, a subsidiary of Nationale Nederlanden (“NN”).
The acquisition of Qare fits within HCS’s strategy to strengthen its position in the field of occupational health and safety services and social security. Qare’s intermediary labels, Incomfort Assuradeurs and Flexcom4, will be taken over by Zicht (another subsidiary of NN), which will enable Zicht to enhance its services to clients and to further specialize its income insurance offerings.
Lindenaar & Co acted as advisor to Qare and coordinated the entire transaction process, including the preparation of the information memorandum and financial model, structuring the transaction, coordinating the due diligence process and conducting the final negotiations regarding the transaction documentation.
Qare was founded in 2011 and has grown into a private operator and full-service partner in the field of sustainable employability, occupational health and safety services and social security. With 8 labels and approximately 200 employees, Qare provides services during the entire period that the employer is held responsible for the vitality, health, absenteeism and reintegration of (former) employees.
HCS is a service provider in the field of risk and case management for absenteeism and disability. HCS is the result of a merger of Human Capital Scan, Human Capital Alert and Keerpunt in 2021. With more than 250 employees, HCS serves clients in the field of sustainable employability, social security, absenteeism and trainings on these subjects.
Zicht, risico- en verzekeringsadviseurs, is an insurance office with more than 400 employees and branches throughout the Netherlands. With over 100 years of experience, Zicht advises business and private clients on the full range of their risks.