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New Deal


Announced

Pricoa Private Capital to invest in SPS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Private Equity

Recruiting

Domestic

Outsourced HR and Staffing

Private

Pending

Acquisition

Friendly

staffing services

Minority

Single Bidder

Synopsis

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Pricoa Private Capital, an investment firm, agreed to invest in Specialist People Services Group, a provider of staffing and recruiting services. LDC exits the investment. Financial terms were not disclosed. “Having enjoyed great support from LDC over recent years, our new investment from Pricoa, which includes them taking a significant minority stake in SPS, positions us perfectly to deliver our ambitious plans for growth both in the UK and internationally. They have demonstrated proactivity and ambition, and an alignment with our objectives, which makes them the ideal choice as our new funding partner," Chris Chidley, SPS Group CEO.

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