CONTRACTS & DEALS: 2-4 JANUARY 2019

This week’s contracts and deals include: Key Capital Partners, Siamo Group

• Private equity firm Key Capital Partners (KCP) has sold its stake in recruitment and training firm Siamo Group to the management team in a deal backed by Clydesdale Bank. The terms of the deal were not disclosed.

Siamo provides temporary and permanent recruitment services combined with integrated apprenticeship accredited training, HR, payroll and IT services. Headquartered in Birmingham, it operates from 50 locations across the UK in sectors including retail logistics, e-commerce fulfilments and manufacturing.

KCP backed Siamo managing director Tony Bucciero in a management buy-out of Siamo in 2007.

Advisers on the deal include Ward Hadaway and Dains (legal and financial advisers for Siamo), and Freeth, Cartright and Orbis (legal advisers and financial due diligence for Clydesdale Bank).

China remains full of Eastern promise for recruiters

Despite warnings by the head of the ruling Communist party of flagging economic growth, fears of an escalating trade war with the US and of a credit bubble, recruiters in China say that the market in the world’s second largest economy remains strong.

22 March 2019

HushHush.com offers an apprenticeship but not as we know it

Put aside your outdated images of low-paid apprentices. Cast out of your mind once and for all the idea of apprentices as cheap labour to be exploited by cynical employers.

Lighter Side 21 March 2019

APPOINTMENTS: 18-22 MARCH 2018

This week’s appointments include: Heidrick & Struggles

People 18 March 2019

FINANCIALS: Impellam sees increase in revenue but slight profit fall

Impellam Group has posted a 5.7% increase in revenue year-on-year, according to unaudited results for the 53-week period to 4 January 2019.

Financials 14 March 2019
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