100 LAWYERMONTHLYMARCH 2023 GapPersonnel GroupAcquires a60%Stake inAbsolute Solutions Group About the Deal Butcher & Barlow advised Absolute Solutions Group in Northwich on its sale of 60% of its share capital to gap personnel group. Alextra Accountants advised Absolute Solutions Group in Crewe, while Dains Accountants and Bevan Rose Corporate Solicitors advised the buyer. Based in Cheshire, Absolute Solutions Group has a large blue-chip customer base in both Cheshire and Staffordshire, with its team operating out of additional branches in Winsford and Crewe. Subsidiaries of the company include Absolute Recruitment, Absolute Commercial, Absolute Health and Care and Bralin Recruitment. Wrexham-based gap personnel is one of the largest industrial recruitment providers in the UK and is part of the TSE-listed Open Up Group Ltd. The firm boasts more than 300 employees and a group turnover of £200 million. With its acquisition of Absolute Solutions Group, the two firms will gain access to expanded technologies, talent and infrastructure to grow their mutual footprint in the UK recruitment market. The deal also happens to coincide with the 20th anniversary of the founding of Absolute Solutions Group. Absolute Solutions Group joint chief executive Dan Marshall hailed the merger. “The cultural fit between Absolute and gap personnel is perfectly aligned, enabling us to build on our ambitious five-year growth plan and expand nationwide,” he said in a statement. “Our peoplefocused recruitment model combined with the geographic and operational infrastructure of gap personnel places us in an ideal position to bid for new client contracts, and introduce new cutting-edge technologies to streamline and strengthen our service.” Transaction Interview Advisors on the transaction:
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