Fircroft acquires Australian One Key Resources
Global workforce solutions provider to technical engineering sectors Fircroft has acquired Australian firm One Key Resources, a specialist staffing provider to the mining, oil & gas and infrastructure industries.
Grant Wechsel continues as managing director and shareholder of One Key following the acquisition, while fellow director and former Australian rugby league captain Darren Lockyer also continues in his role.
Legal advice for the deal was provided by Roger Hart and Adam Kaucher of corporate law firm Addleshaw Goddard, while Richard Bell and Dan White of professional services firm Deloitte performed financial due diligence. Iain Gallow of energy sector specialist Calash performed commercial due diligence.
Fircroft was backed by independent investment firm Equistone Partners Europe in 2012 in a deal worth £140m - part of that sum was used to acquire One Key Resources.
