Fri, 27 Jul 2018 | BUSINESS SALE
Morson Group, recruiter and engineering design company with headquarters in Salford has expanded with the acquisition of Anderselite Ltd through the purchase of Anderselite Holdings in Southampton.
Chief executive of Morson Group, Ged Mason said: "The addition of Anderselite to our portfolio means we are well placed to service the future growth expected in these sectors while consolidating our market leading position in rail. We would like to welcome our Anderselite colleagues to the Morson Group family and look forward to a prosperous and exciting future together."
With more than 30 years of experience in recruitment services for construction, civil engineering, facilities management and rail sectors; Anderselite Ltd will become a wholly owned subsidiary and work alongside other Morson Group companies while continuing to trade under its own brand and contracts.
Chief executive of Anderselite, Simon Trippick commented: "Right from the start of this process our objective was to find a partner whose values and approach matched our own. This is a very exciting time for everyone at Anderselite and our team is looking forward to joining the Morson Group.
"This deal will allow our business to grow and develop within one of the UK's most respected recruitment groups to the benefit of all our stakeholders."
Morson Group is the UK’s leading technical recruiter with a global presence across all engineering markets including rail, aerospace defence, energy, infrastructure, IT and oil & gas.
With 40 offices worldwide, Morson Group’s headquarters are located in Manchester, UK.
The legal and financial advisors to the transaction were Beyond Corporate LLP and Deloitte LLP for Morson while Shoosmiths LLP, Fiander Tovell LLP and Meridian Corporate Finance assisted Anderselite.
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An exciting opportunity to acquire a well-established independent financial advisor firm with £125m in funds under management in Wiltshire.
Although profitable, this business has quality personnel who can continue working, leading to a smoother transition post sale.
This firm represents a superb opportunity to establish a hub, with staff and offices already in place.
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