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Announced

Completed

Marlowe completed the acquisition of Ellis Whittam from LDC for $77m.

Synopsis

Marlowe, a specialist consulting services provider, completed the acquisition of Ellis Whittam, a provider of outsourced employment law, HR and health & safety services, from LDC, a private equity firm, for $77m. "The acquisition of Ellis Whittam transforms our scale and capabilities in Employment Law, HR Compliance and Health & Safety advisory and significantly advances our strategy to provide our clients with a comprehensive one-stop approach to their health & safety and regulatory compliance needs. The business, which delivers subscription-based consultancy services, supported by software, operates in an attractive and underserved market where we see significant growth opportunities. We are confident that this acquisition will generate attractive returns for Marlowe's shareholders," Alex Dacre, Marlowe CEO.

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