CONTRACTS & DEALS: 13-17 MAY 2024

This week’s new contracts & deals include: Apsa, Jobmatch Sweden, Kelly, Mach Recruitment

• Due to a shortage of qualified professionals in Austria, Jobmatch Sweden and the Austrian IT recruitment company Apsa have entered into a partnership to help companies attract new employees in sectors such as IT and finance. Apsa’s partnership with Jobmatch Sweden will be used to support existing and new clients’ recruitment processes and ensure they benefit from the Jobmatch Talent psychometric testing to find the right candidates. With the Apsa partnership, Jobmatch is now represented in nine countries. These include Sweden, Denmark, Finland, Norway, Germany, Malta, Mexico, Luxembourg, and now Austria.

• Global specialist talent solutions provider Kelly has entered into a “definitive” agreement to acquire Motion Recruitment Partners (MRP) from Littlejohn & Co, a US-based private investment firm headquartered in Greenwich, Connecticut. Under the terms of the agreement, Kelly will acquire MRP for $425m (£338m) in cash to be paid at close, with additional earnout potential of up to $60m based on certain performance criteria. Kelly expects to fund the transaction through debt and available capital, including the rapid redeployment of more than $100m from the sale of Kelly’s European staffing operations in January 2024. The transaction is expected to close in Q2 2024, subject to receipt of required regulatory approvals and other customary closing conditions. 

Mach Recruitment, a Leeds-based specialist recruitment business, has agreed a £45m invoice finance facility with Metro Bank. As a specialist recruitment business working in the ecommerce and food sectors, Mach Recruitment will use the financing to support its acquisition and growth plans to diversify. The invoice finance package from Metro Bank will provide the additional funding it needs to meet the long-term needs of its business. Mach Recruitment was advised by Mazars Debt Advisory. Metro Bank was advised by European Valuation and Shoosmiths.

Stafforce appoints Platt to power ports in the UK

Workforce solutions provider Stafforce has promoted Tim Platt (pictured) from head of ports to brand director for ports in the UK.

People 30 April 2024

£60m funding as Sunak goes big on apprenticeships

Prime Minister Rishi Sunak has unveiled a raft of reforms aimed at increasing apprenticeship numbers and doing away with red tape for small businesses.

Legislation 19 March 2024

Haven’s recruitment drive offers 550+ job opportunities for 2024

Holiday park operator Haven is looking to recruit more than 550 people at its two Blackpool parks, to support an increase in bookings for the year.

7 March 2024

Recruiter calls on industry to ‘not recruit’ for Fujitsu

A recruiter is calling on industry colleagues to not recruit for the technology firm behind the Horizon system in the Post Office sub-postmasters’ scandal.

23 January 2024
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