Fri, 17 May 2019 | BUSINESS SALE
A security services business headquartered in Newton-le-Willows has snapped up a staffing provider based in Oldham, Greater Manchester.
Xpress Solutions, which specialises in providing temporary and permanent recruitment solutions to those operating in the warehousing, driving and commercial industries, has been taken over by Kingdom Services Group.
Kingdom operates and leads thousands of high-quality service personnel with more than 6,000 members of staff, generating a turnover of more than £100 million. Its acquisition of Xpress Solutions, established in 2004, is to grow the company’s portfolio of services.
Advice on the deal was provided to both parties by Optima Corporate Finance, Brabners, and Ward Hadaway.
Chief executive of Kingdom Services Group, Terry Barton, said: “This is a fantastic opportunity for Kingdom to grow and develop our recruitment service. Strategic acquisitions have always formed part of our growth strategy, but it is extremely important that when we acquire a business that there is a culture fit to that of Kingdom.
“We are therefore keen that we continue to operate in the same way going forward with no planned changes to trading name, branding, offices, invoicing or points of contact. Kingdom will support and enhance the Xpress integration with our expertise, technology and software solutions.”
Owner and director of Xpress Solutions, Sarah Sanderson, added to this, saying: “Joining the Kingdom family will enable my team and [me] to offer our great recruitment service to a wider audience and for us to expand into new sectors.
“The Kingdom leadership team and I share the same aspirations and I’m excited about being a key part in the journey which is being created through this acquisition.”
For more news stories about acquisitions, click here. For all our business for sale listings, click here.
Offers the full scope of plumbing and mechanical services from domestic homes up to large-scale commercial buildings. Packages provided on a labour-only basis to a full supply and installation basis directly to clients or to other larger mechanical c...
LEASEHOLD
Operates several care homes which provide a safe and nurturing environment in which children can grow. Nine homes cater to the needs of children under the age of 18, while the tenth is designed to teach young people the skills required to live indepe...
LEASEHOLD
Established for circa 40 years. Provides a comprehensive range of services for the overall aim of surfacing roads and driveways, including: initial design planning, construction to prepare surfaces for work, drainage, kerbing and laying of asphalt an...
LEASEHOLD
|
09
|
|
Apr
|
Topshop flagship store up for sale | COMMERCIAL PROPERTY
Topshop's flagship Oxford Street store in London is dra...
|
09
|
|
Apr
|
Gestamp’s former Washington warehouse hits the market in £6.5m auction | COMMERCIAL PROPERTY
The former Washington base of international car parts manufa...
|
08
|
|
Apr
|
Decorating contractor targets acquisitions after MBO | MBO/MBI
Scottish commercial decorating contractor Bell Group has com...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources