In April 2012, CVC invested ¥18 billion to acquire 100% of TechnoPro Holdings, a leading engineering staffing company in Japan, from Promontoria Investment I.B.V..
TechnoPro is comprised of five staffing companies, CTEC, CSI, Hitec, N&C and TPE, each specialised in specific industry sectors. As a group, the business employs over 10,000 engineers (mostly employed full-time) and dispatches them to over 1,500 customers. The business is well-diversified across industries and its engineering base covers a wide range of technologies, such as advanced medical research, new materials technology, alternative energy, hybrid vehicle design, embedded software, cloud computing and construction engineering.
TechnoPro also provides a wide range of services such as onsite staffing and project management, contract based design and development projects, offshore technical support and technical recruiting assignments. Leveraging its strong market presence in Japan, TechnoPro is also expanding its wider Asian business.