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CONTRACTS
CONTRACTS & DEALS Morgan McKinley Recruitment consultancy Morgan McKinley has acquired service provider Abtran. Morgan McKinley has a multinational presence across the UK, Ireland, EMEA, Asia and Australia, while Abtran is one of Ireland’s leading providers of business process management outsourcing. The combined businesses will employ around 2,500 people, with projected annual revenues of over €300m (£254.6m) and will be run by the current leadership team.
Opus Talent Solutions Graphite Capital, a leading UK mid-market private equity specialist, has acquired Opus Talent Solutions, a global recruitment business specialising in the technology and renewable energy markets, in an off-market management buy-out. Headquartered in Bristol, Opus has more than 1,000 clients in over 50 countries. It employs 300 staff across eight offices spanning the UK, including Bristol, Manchester and London, Amsterdam in the Netherlands, Sydney in Australia and New York, Tampa and Dallas in the US.
Hinterview UK-based technology company Hinterview has raised £3m in Series A funding. This Series A round, led by Calculus Capital, brings the total raised to date to over £6m. The investment will be used to scale the video platform both in the UK and internationally, helping to meet the rapidly growing demand for its video technology in a post-Covid era where job vacancies are at their highest since records began.
PDT Fleet Training PDT Fleet Training, a driving division of Pertemps, has been awarded funding by the Department for Education to support nearly 700 drivers through HGV training. The training will take place at 129 different sites across England with clients like Co-op, Biffa, and CLEAN.
Randstad (Belgium) Randstad Group Belgium has acquired HR firm Hudson Benelux. The acquisition enables Randstad to strengthen its market position by increasing its marketshare in the growing professionals perm, executive search and HR services markets, as well as adding highervalue management consulting capabilities.
Brunel International NV Longacre Group and specialist recruiter Taylor Hopkinson have made a majority sale (72%) to Brunel International NV (Brunel), a global provider of flexible workforce solutions and expertise. Glasgow-based Taylor Hopkinson, a recruitment partner to renewable energy leaders, was founded by Tom Hopkinson in 2009. Today it operates through seven international offices on three continents.
DEAL OF THE MONTH
The MCG Group The MCG Group has welcomed RP International (RPI) into the group as the cornerstone acquisition for its technology division. RPI provides access to the top leadership and technology talent globally and supports its clients to identify the international leadership and technology talent required to deliver on major strategic initiatives and transformations across Europe, MEA, APAC and ANZ regions. A company statement said: “Despite numerous approaches over the years, it
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was imperative for RPI owners Stuart Wilson and Julian Frankum to wait for the right fit in a company to take over the business. The MCG Group not only gave the founders an opportunity to play fundamental roles in the future growth of the business, but also proposed that RPI acts as the cornerstone investment for MCG’s ambitious five-year strategic international growth plan in the technology sector.” The newly enlarged MCG Group is expected to deliver around £150m revenue and roughly £30m NFI in FY22, the company said.
Taylor Martin Recruitment Nationwide insolvency practitioner SFP has successfully completed the sale of Midlands-based Taylor Martin Recruitment’s business and assets after it went into administration in November 2021. The sale secured over 400 contract jobs. The assets of Taylor Martin Recruitment were sold to Recruitment Investments Ltd, a specialist in the acquisition and merger of recruitment operations. This acquisition has been added to their portfolio brand – The Recruitment Group, headed by recruitment industry entrepreneurs Paul Hipkiss and Mark Taylor.
More contract news at recruiter.co.uk/news
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06/01/2022 12:02