Announced
Completed
Financials
Sources
Tags
United Kingdom
Outsourced HR and Staffing
Friendly
healthcare staffing
Private Equity
Domestic
Single Bidder
Majority
Completed
Acquisition
Private
Synopsis
Twenty20 Capital, a private equity firm, completed the acquisition of the regional specialist staffing and healthcare staffing businesses of Impellam, a provider of managed services and specialist staffing and operates, for £85m. ‘This strategic realignment enables us to focus our investments on the delivery of digitally enabled, multidisciplinary workforce and specialist recruitment solutions to our customers in the UK and Europe, North America and AsiaPac. The investment case for Impellam is enhanced by this Transaction with greater visibility of future revenue and increased efficiency, led by our virtuosos and underpinned by proprietary digital technology and partnerships with market leading software providers future proofing our services and driving higher margins and return on capital,’ Julia Robertson, Impellam CEO.
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