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In a deal for an undisclosed sum, the Endeavour Group, parent company to Vital Recruitment, was acquired by the AIM-listed company Staffline Group.
Turning over in excess of £83m, Vital Recruitment has been operating nationally since 2004 and provides in excess of 7,000 agency workers throughout the UK. The business has expanded rapidly over the last few years making it an appealing acquisition for the sector.
This was another large transaction for our firm’s expanding Corporate team. Mike Matthews, associate solicitor who led the deal, said “We were delighted to act for the sellers on what proved to be a fast-paced and interesting transaction. It has been an extremely busy twelve months for the team and we have been lucky to work with a number of great businesses in and around Peterborough. Vital is another example of a truly successful local business operating on a national scale”