Challenge TRG to acquire PMP Recruitment from Twenty20 Capital.

Challenge TRG, a provider of recruitment services for the logistics sector, agreed to acquire PMP Recruitment, a provider of recruitment services, from Twenty20 Capital, a private equity firm. Financial terms were not disclosed. “After 18 months of considerable investment, the PMP Recruitment business has gone from strength to strength, making it a strategic acquisition for Challenge-trg Group, positioning them as the UK’s largest blue-collar labour provider. The collaborative move demonstrates our ability to identify the right partner at the right time ensuring ongoing success aligned to our own values. I am confident that Challenge-trg Group will propel PMP Recruitment’s capabilities offering industry-leading service to both clients and candidates," Tristan Ramus, Twenty20 Capital Founder and Investment Principal.