Strategic acquisition

Legal Posted 10/07/19
asb law advises HR GO PLC on strategic acquisition.

Leading recruitment and business services group, HR GO PLC, has acquired a majority shareholding in South-West England-based Red Berry Recruitment Ltd. It was supported throughout the transaction by the corporate finance team at asb law.

Headquartered in Ashford, HR GO is a multi-million-pound business with 40 locations across the UK and offices in Poland and Australia. It specialises in recruitment and business solutions with joint ventures in specialist sectors including aviation, e-commerce and engineering. Red Berry Recruitment provides temporary, permanent and contract staff to the commercial and industrial sectors from offices in Dorset and Somerset. Following the acquisition, the team at HR GO will work alongside Red Berry Recruitment founder and existing shareholder Helen Lacey to take the business forward.

Roddy Barrow, HR GO Group managing director said: “We welcome Red Berry Recruitment to the HR GO family. This joint venture expands our coverage of the South West and West Country, enabling us to provide a wider range of services with excellent customer care to Red Berry’s clients and our own. We are grateful for the advice and support from the asb law team throughout the process.”

asb law has worked with HR GO for over four and a half years and has supported the Group on several transactions to date. The team, which was led by corporate partner, Dan Tozer, was delighted to support them once again on the next stage of their journey. Dan states: “It is great to get another deal over the line for our longstanding and valued client, HR GO, which continues to be acquisitive in a market full of opportunity for consolidation. We look forward to further developing the strength of our relationship as we assist HR GO in implementing this ambitious group’s growth strategy”.

Tweets from @SEBmagazine