Meraki Capital Launches Tessero Across Six European Markets

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2▲0 ▼0Impact / 5
Summary · why it matters

Meraki Capital has launched Tessero, a new European specialist recruitment group created from the six former Hays plc businesses it acquired earlier this summer. The launch spans Sweden, Denmark, Hungary, Romania, Luxembourg, and Czechia, bringing together six established recruitment businesses under one independent European brand. This follows one of the most significant transactions in Meraki Capital's history, with a major transition programme completed across all six countries within weeks. The new group employs 130 people, with existing country leadership teams remaining in place. Gary Elden OBE, CEO of Meraki Capital and Director of Tessero, emphasized that Tessero combines international scale with local autonomy, aiming to leverage established client relationships and specialist expertise. Tessero joins Meraki Capital's portfolio of recruitment businesses, including HW3, Magnus, and SERT, but operates independently with its own brand and growth strategy.

Impact on assets 1

Industrials▲
Hays plc
HAS
± MixedCapitalrelevance

Hays plc sold its six European businesses to Meraki Capital earlier this summer, a divestment transaction now culminating in the Tessero launch.

Off-coverage companies 2

Meraki Capitali
Private▲ PositiveCapitalrelevance

Meraki Capital completed one of its most significant transactions and launched Tessero, expanding its recruitment portfolio across six European markets.

Tesseroi
Private▲ PositiveCapitalrelevance

Tessero is launched as a new European specialist recruitment group formed from six acquired businesses, with 130 employees and established client relationships.