Twenty20 Capital’s Transfer Of Ownership Of PMP Recruitment to Challenge-trg Group

In UK Freeths, Hill Dickinson, advised on the matter.

Freeths advised Twenty20 Capital with a team including James Dyson (Finance), Andy Francey (Corporate M&A), Dahren Naidoo (Picture – Corporate M&A), Jeremy Swift (Corporate M&A).

Hill Dickinson advised Challenge-trg Group with a team including Matt Noon (Corporate M&A).

Twenty20 Capital transfered ownership of its high volume recruitment asset, PMP Recruitment to Challenge-trg Group.

The deal reinforces Twenty20 Capital’s focus on creating value for shareholders whilst remaining well-positioned to support Cordant’s sub-brands: Cordant People, Premiere People and Staffgroup – building momentum through portfolio growth, increased customer wins and new vertical entry points.

A cross-office team was fielded by Freeths – led by Corporate Partner Dahren Naidoo (Picture) the team included Jeremy Swift, Andy Francey, Rosanna Brown, Rebecca Hughes, Farrell Tang, Claire Boyce, James Dyson and Ashika Rohit.

Matt Noon, partner and head of Liverpool Corporate at Hill Dickinson, and Elan Iorwerth, legal director advised Challenge-trg on the acquisition.

Involved fees earner: Claire Boyce – Freeths; Rosanna Brown – Freeths; James Dyson – Freeths; Andy Francey – Freeths; Dahren Naidoo – Freeths; Ashika Rohit – Freeths; Jeremy Swift – Freeths; Elan Iorwerth – Hill Dickinson; Matt Noon – Hill Dickinson;

Law Firms: Freeths; Hill Dickinson;

Clients: Challenge-trg Group; Twenty20 Capital;

Author: Giulia Di Palma