Network Group Holdings buys majority stake in Network Recruitment Solutions
13 September 2012
Recruitment and outsourcing provider Network Group Holdings has bought 51% of health and social care staffing firm Network Recruitment Solutions (NRS) from Pertemps Investments Limited.
Recruitment and outsourcing provider Network Group Holdings has bought 51% of health and social care staffing firm Network Recruitment Solutions (NRS) from Pertemps Investments Limited.
As part of the deal, Pertemps Investments Limited will be issued with 5,000,000 ordinary shares in Network Group Holdings. The managing directors of NRS, who currently own 49% [of NRS] will join Network Group Holdings’ existing conversion scheme allowing them convert their holdings in NRS into shares in Network Group Holdings.
