Alexander Mann Solutions (AMS), the largest independent provider of recruitment process outsourcing (RPO) solutions to blue-chip companies worldwide, today announced that it has acquired Capital Consulting, a leading RPO player operating in Europe and Asia Pacific.
The deal brings together two of the top players in the high growth recruitment outsourcing market to create the only truly global pureplay RPO proposition. It builds on the operational excellence of both companies, strengthens their competitive offerings and establishes a good platform for growth in the Asia Pacific region. The move also enables the companies to further develop their strategic recruitment services.
The acquisition follows the 100m management buy-out in December of AMS, led by Rosaleen Blair, the Chief Executive, and backed by Graphite Capital, the leading mid-market private equity provider.
Graphite organised the financing through a combination of existing and new debt facilities provided by HSBC. Capital Consulting's turnover rose from 16.9 million in 2005 to 20.0 million in 2007.
Rosaleen Blair will be CEO of the combined company which will operate with two brands, Alexander Mann Solutions and Capital Consulting. She will work together with the management team to drive strategic direction across sectors, products and geographies.
Rosaleen Blair said: International business leaders recognise that a critical driver of business value is the quality of the people they recruit. The combination of AMS with Capital Consulting brings together two strong brands and a global platform on which to execute our shared vision for the future. Our companies share a belief that outsourcing the recruitment process enables companies to recruit world class people, delivering measurable results. We have both been pioneers in professionalising the recruitment industry and this combination will give us undisputed market leadership on a global basis while also giving us the scale to further the strategic services capabilities of both companies.
Jeremy Tipper, the founder of Capital Consulting said: The coming together of the two businesses, long recognised as the primary leaders in the market, creates an extraordinary breadth and depth of expertise. Our two companies share a strong cultural affinity; combining our capabilities will provide major companies with unparalleled resourcing solutions to support their strategic and operational goals.
Graphite partner, Mike Tilbury, said: Building on its 11 year record of strong growth, AMS has a clear strategy for global expansion in spite of the uncertain economic environment. We are pleased to be supporting this acquisition which will strengthen further AMS' market leading position.
Recruitment process outsourcing provides clients with integrated processes throughout the entire resourcing and recruitment cycle from the initial hiring stage through to outplacement. It creates an efficient, cost effective and competitive recruitment operation with better candidates, improved retention rates, enhanced employee productivity and increased job satisfaction.
Alexander Mann Solutions acquires Capital Consulting
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