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.
The Company provides the airport industry with a wide range of capacity and demand consultancy services. The company can analyse, model, forecast and optimise the flow of people, baggage and vehicles throughout the airport environment, from airside t...
Well-Established Family Run Business, that has been in the same hands for over 20 years. The owners feel its time to step back and let others take it to the next level having facilitated that growth potential purposely over the last 3 years. Offers i...
FREEHOLD
If you are looking for an uncomplicated yet profitable business, this is it. Using RFID and BLE technology our client works across a number of sectors to electronically tag assets for ease of monitoring. Put simply, the business is one link in a chai...
WORK FROM HOME
|
18
|
|
Nov
|
Kitwave acquires Alpine Fine Foods | BUSINESS SALE
Independent wholesaler Kitwave has acquired Alpine Fine Food...
|
15
|
|
Nov
|
Carpetright agrees to shareholder takeover deal | BUSINESS SALE
Carpetright has agreed a deal to be taken over by its larges...
|
14
|
|
Nov
|
Scale manufacturer taken over in MBO | MBO/MBI
Weighing scale manufacturer Marsden Weighing Group has been ...
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