In a statement, released this afternoon, Morson revealed under the agreement Anderselite will become a wholly owned subsidiary within the Morson Group maintaining its own brand and contracts while working alongside other Morson Group companies.

The deal has the full support of the management teams of both companies. As a result, Anderselite will become part of the Morson Group.

Legal and financial advisers on the transaction to Morson were Beyond Corporate and Deloitte, while advisers to Anderselite were Shoosmiths, Fiander Tovell and Meridian Corporate Finance.

Terms of the deal and how much Morson paid were not disclosed.

Anderselite was acquired from its then parent company US-based CDI Corp by Anderselite's management team and employees, led by managing director Simon Trippick and finance director Steven Smith back in September 2016.

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