CONTRACTS & DEALS: 28 OCTOBER – 1 NOVEMBER 2019

This week’s contracts and deals include: Cross Country Healthcare, Cubiks Group, PSI Services, VONQ

• US healthcare recruiter Cross Country Healthcare has entered into a new $120m (£93.4m) senior secured asset-based credit facility, replacing its prior credit facility.

• Global workforce solutions provider PSI Services has acquired Cubiks Group, an international assessment and executive development business based in Guildford, UK, with offices in 13 countries across Europe and the Asia Pacific region.

VONQ, a disruptive recruitment marketing technology business, has sold a majority stake of 54% to capital D, the private equity fund investing in disruptive mid-market companies across Europe.  

The investment will be used to further strengthen the capabilities of the VONQ technology, and to leverage the technology in Europe and the US.

Recruitment industry voices say little detail on workforce from the Chancellor

Recruitment industry observers have criticised Chancellor Rachel Reeves’s failure to move the UK ahead in specific commitments to workforce issues.

Legislation 12 June 2025

REC CEO hits back at government cuts to agency spend

Government calls to eliminate agency spend at the NHS have received a fiery response from the Recruitment & Employment Confederation.

Legislation 3 June 2025

Government health leaders threaten ‘rip-off temporary staffing agencies’

NHS trusts and integrated care boards (ICBs) are being urged by government health leaders to eradicate agency spending to build on a £1bn fall in spending in 2024-25.

Legislation 3 June 2025

Hays appoints new CEO UK and Ireland

Recruitment and workforce solutions specialist Hays has appointed Thomas Way (pictured) as CEO of Hays UK and Ireland.

People 2 June 2025
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