Source Group N.V. (ENXTAM:SOURC) signed a letter of intent to acquire HeadFirst B.V. on October 7, 2015. The consideration is partly financed through issue of new shares of Source Group N.V. The company that is created by the merger of the two organizations will get the name HeadFirst Source Group. The deal is expected to complete during fourth quarter of 2015. Source Group and Headfirst will now complete the merger in first quarter of 2016. Source Group N.V. (ENXTAM:SOURC) completed the acquisition of HeadFirst B.V. for €33 million on December 27, 2016.