WTS Klient completed its second complementary add-on acquisition on September 30, 2024, via the purchase of Hungarian business service and accounting group VGD Hungary (“VGD”). The acquisition of VGD has added further scale to WTS Klient, with combined 2024 sales exceeding € 15.0 million and 350 employees. ARX Equity Partners acquired WTS Klient in Q1 2022 and quickly augmented the HR and IT functions to facilitate the company’s internal capability to expand via acquisitions. The initial add-on acquisition (Finacont) was completed in mid-2023 and is now fully integrated into WTS Klient. The VGD integration process has been initiated, with a plan to relocate VGD employees to the WTS Klient Budapest Headquarters in November 2024.
WTS Klient is now the leading sector player on the Hungarian market, with 2025 sales expected to reach € 17.0 million.