M&A Deal Summary

AWF Group Acquires Tradeforce

On November 30, 2011, AWF Group acquired staffing company Tradeforce from Skilled Group for 3M NZD

Acquisition Highlights
  • This is AWF Group’s 1st transaction in the Staffing sector.
  • This is AWF Group’s 0th largest (disclosed) transaction.
  • This is AWF Group’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2011-11-30
Target Tradeforce
Sector Staffing
Buyer(s) AWF Group
Sellers(s) Skilled Group
Deal Type Divestiture
Deal Value 3M NZD

Target

Tradeforce

Auckland,, New Zealand
Tradeforce (NZ), Ltd. engages in supplying personnel to various sectors of industry for temporary and permanent assignments.

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Buyer(S) 1

Buyer

AWF Group

Auckland,, New Zealand

Category Company
Founded 1988
Sector Staffing
Employees230
DESCRIPTION

AWF is a provider of semi-skilled and skilled staff to all manner of industry in New Zealand, on both short and long term assignments. AWF employs both temporary and full time, permanent staff for placement.


DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 1
Country (New Zealand) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

Skilled Group

Hawthorn, Australia

Category Company
Founded 1964
Sector Staffing
Revenue 1.9B AUD (2014)
DESCRIPTION

SKILLED Group is a provider of workforce solutions in Australia, employing over 50,000 skilled Australians a year. The company is a well-established and trusted brand whose reach extends across the Australian economy, into all states and territories as well as all major sectors of the economy.


DEAL STATS #
Overall 2 of 2
Sector (Staffing) 2 of 2
Type (Divestiture) 2 of 2
Country (New Zealand) 1 of 1
Year (2011) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 Excelior

Australia

Excelior is Australia’s prime provider of customer contact optimisation solutions to public and private sector organisations.

Sell $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-03 Broadsword Marine Contractors Pty

Darwin, Australia

Broadsword Marine Contractors Pty Limited provides maritime services. This vessel was used daily as a construction crew transfer vessel.

Buy $76M