CONTRACTS: 23-27 JULY 2018

This week’s contracts and deals include: Adecco, Eyears

• Recruitment giant Adecco has sold its remaining shares in staffing software business Beeline to investment firm New Mountain Capital for around €110m (£97.7m).

The activities of Beeline were deconsolidated from the Adecco Group in December 2016, following the merger of Beeline with vendor management system IQN when private equity firm GTCR acquired a majority stake in Beeline. GTCR already held a majority stake in IQN. The deal is subject to closing conditions including certain regulatory approvals but is expected to close during Q3 2018.

New Mountain Capital is no stranger to the world of recruitment as they were the previous owners of recruitment outsourcing provider (RPO) Alexander Mann Solutions.

• Global loyalty and benefits firm Collinson has appointed InterQuest Group’s human capital management business InterQuest Solutions as managed service provider on a three-year contract.

• Cloud computing company Bullhorn has acquired Invenias, a UK-headquartered provider of cloud-based software for executive search firms.

In a statement released yesterday, Bullhorn revealed Invenias will retain its own sales organisation and leadership team following the deal.

Terms of the deal, which closed yesterday [24 July 2018], will not be disclosed.

• Birmingham-based childcare and education and staffing specialist Eyears has switched over to a cloud-based telephone system from Worcestershire firm Armstrong Bell.


This week’s contracts and deals include: Frontline Recruitment, Hays Education

Contracts 22 July 2019

Full Strength campaign calls for reforms to overseas workers regulations

Recruitment organisations are among a coalition of bodies that have joined together in a campaign aimed at the next prime minister to avoid a skills disaster.

Legislation 17 July 2019

Reed warns of impending recession following jobs fall

The UK is heading for recession, warns James Reed (pictured), chairman of recruitment giant REED.

People 15 July 2019

Government to recruit international trade personnel through new scheme

The UK government has launched an international trade training scheme aimed at recruiting future negotiators, policy makers and HM Trade Commissioners.

15 July 2019