M&A Deal Summary

Allegis Group Acquires Aston Carter

On February 14, 2011, Allegis Group acquired staffing company Aston Carter from Baird Capital Partners Europe for 33M GBP

Acquisition Highlights
  • This is Allegis Group’s 1st transaction in the Staffing sector.
  • This is Allegis Group’s largest (disclosed) transaction.
  • This is Allegis Group’s 1st transaction in the United Kingdom.
Investment Fate
  • Aston Carter was divested to a consortium of strategic buyers in 2016.

M&A Deal Summary
Date 2011-02-14
Target Aston Carter
Sector Staffing
Buyer(s) Allegis Group
Sellers(s) Baird Capital Partners Europe
Deal Type Add-on Acquisition
Deal Value 33M GBP

Target

Aston Carter

London, United Kingdom
Aston Carter Ltd. is a provider of recruitment consultancy services.

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Buyer(S) 1

Buyer

Allegis Group

Hanover, Maryland, United States
Category Company
Founded 1983
Sector Staffing
DESCRIPTION

Allegis Group, Inc. is a provider of recruiting, staffing, and workforce management solutions in the United States, the United Kingdom, Canada, Puerto Rico, Europe, the Middle East, the Pacific Rim, and internationally.

DEAL STATS #
Overall 2 of 3
Sector (Staffing) 1 of 2
Type (Add-on Acquisition) 2 of 3
Country (United Kingdom) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-12 TVA Allegis Pvt.

Bangalore, India

TVA Allegis Pvt. Ltd. provides recruitment process outsourcing services. It offers vendor management and staff leasing services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-23 Talent2 International

North Sydney, Australia

Talent2 International Ltd. is a provider of various solutions ranging from permanent staff recruitment and executive contracting to executive and board search.

Buy -

Seller(S) 1

SELLER

Baird Capital Partners Europe

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1971
PE ASSETS 2.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Baird Capital Partners Europe (BCPE) is the European private equity arm of Baird Private Equity. BCPE invests in lower middle-market companies generating revenues ranging from £10 and £100 million with an enterprise value of £10 - £50 million. Specific areas of interest include industrials, specialty consumer products, aerospace/defense, building materials, electrical equipment, oil/gas equipment, medical devices/equipment, human capital services, transaction processing, process outsourcing, professional/technical services, facilities management, environmental/waste, and marketing services. BCPE looks to invest between £5 and £20 million per transaction. Baird Capital Partners Europe was formed in 1971 and is based in London.

DEAL STATS #
Overall 11 of 31
Sector (Staffing) 2 of 4
Type (Add-on Acquisition) 10 of 20
Country (United Kingdom) 10 of 23
Year (2011) 1 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-01 Nigel Wright Group

Newcastle upon Tyne, United Kingdom

Nigel Wright Group is a UK recruitment consultancy specializing in the placement of professionals into the consumer industries sector in the UK and internationally. Nigel Wright Group is based in Newcastle upon Tyne, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-14 Spheros

Gilching, Germany

Spheros is engaged in the development and manufacture of air conditioning systems, heaters, coolant pumps, and other related hardware. Spheros offers tailored solutions for all passenger buses and coaches (both conventional and electric), as well as refrigerated transportation fleets. Spheros was founded in 1956 and is based in Gilching, Germany.

Sell -
Mergr

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