CONTRACTS & DEALS: 22-26 OCTOBER 2018

This week’s contracts and deals include: Acton Banks, First Recruitment Group, JSA, Red Berry Recruitment, Talascend

• Healthcare staffing business Acton Banks has been advised by banking and asset management firm Alantra on its management buyout, which is backed by private equity house Maven Capital Partners

The transaction, which includes an equity investment from Maven and a reinvestment from the senior management team, will enable Acton Banks to continue to roll out its operating model, further enhance its service to existing clients, and expand outside its current territories of the Midlands and North West of England.

Acton Banks places registered nurses and healthcare assistants into nursing homes, NHS hospitals, care homes, residential homes and rehabilitation centres in both the public and private sectors.

• Two recruitment agencies, First Recruitment Group and Talascend, have joined forces.

As part of First Recruitment Group, Talascend will maintain its identity and brand, retaining its clients in the rail, civil infrastructure, oil & gas and power industries. First Recruitment Group will similarly also retain its identity and brand, continuing to engage with its clients in the oil & gas, nuclear, power, technology, water, construction, aerospace & defence, chemicals, manufacturing, pharma and non-technical sectors.

The deal means that the group now has a combined in-country presence in the UK, Albania, Ghana, Kenya, Australia, Thailand, Singapore, India and Abu Dhabi.

JSA Services, a provider of professional advisory and outsourcing services to the growing flexible workforce, has acquired the business of K&B Accountancy Group and its sister company Cloud9 Umbrella.

The deal marks JSA’s eighth acquisition transaction since 2013, with the consolidation of more than 10 brands in the sector into its operating platform. The group now services more than 12,000 customers via its online, tech-enabled, subscription revenue model.

• Somerset-based recruitment agency Red Berry has partnered with Yeovil College to run a recruitment resourcer apprenticeship.

The partnership is the first in the South West to offer this Recruitment and Employment Confederation (REC) apprenticeship. Red Berry’s sales and operations Director Rachael Haynes will conduct the course as an associate lecturer.

The course will take a year to complete, with participants receiving a NVQ – recognised by the REC – at the end. They will also automatically become members of the Institute of Recruitment Professionals (IRP) on completion.

SThree CEO Elden bows out early next year

Gary Elden is to step down as CEO at STEM staffing specialist SThree after six years in the role.

People 17 December 2018

Recruiter HOT 100: The HOT 10 Technical recruiters

As part of Recruiter’s HOT 100 list of top-performing recruitment firms in the UK, today we look at the HOT 10 engineering/technical/science (Technical) recruiters.

6 December 2018

Highland quayside investment gives boost to jobs in region

A multi-million-pound investment to develop a port in the Highlands of Scotland is expected to create around 140 jobs, and boost the energy and tourism sectors in the region.

26 November 2018

APPOINTMENTS: 19-23 NOVEMBER 2018

This week’s appointments include: Bibby Financial Services, BIE Executives, Elevation Recruitment Group, Frontline Recruitment, Hasson Associates, Quanta Consultancy Services, Willis Towers Watson, ZRG

People 19 November 2018
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