M&A Deal Summary

Accordant Acquires Absolute Recruitment Group

On October 19, 2016, Accordant acquired staffing company Absolute Recruitment Group for 15M USD

Acquisition Highlights
  • This is Accordant’s 1st transaction in the Staffing sector.
  • This is Accordant’s largest (disclosed) transaction.
  • This is Accordant’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2016-10-19
Target Absolute Recruitment Group
Sector Staffing
Buyer(s) Accordant
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

Absolute Recruitment Group

Wellington, New Zealand
Absolute IT is a specialist recruitment company. Absolute IT was established in 2000 and is headquartered in Wellington, New Zealand.

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Buyer(S) 1

Buyer

Accordant

Auckland, New Zealand
Category Company
Founded 1988
Sector Staffing
Employees258
Revenue 212M NZD (2024)
DESCRIPTION

Accordant is a recruiter and labour provider, that offers commercial and industrial recruitment services including temporary, contract and permanent assignments. Accordant was founded in 1988 and is based in Auckland, New Zealand.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (New Zealand) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal