KBS Corporate Advises on Sale of First Call Employment Ltd
KBS Corporate assisted in negotiating the sale of Essex based First Call Employment to A24 group Ltd for an undisclosed sum in July 2013.
Recruitment agency First Call Employment focuses on the placement of temporary workers primarily in catering, industrial and domestic environments. First Call has strived in ensuring that its name is prevalent within its industry and has established customer relationships whilst being regarded for its flexibility and professionalism.
Surrey based, £57 million turnover A24 Group Ltd is a privately owned medical staffing agency that has traded successfully since 1996 and now operates globally through the supply of agency nurses, locum doctors, AHPs and HCA care assistants to hospitals and primary care providers, prisons and care homes, insurance and other companies. With a strategic growth plan in place, the acquisition of First Call will assist in further developing A24 Group’s customer base and allow them to penetrate additional synergistic sectors.
The deal was straightforward and cash on completion which resulted in a quick transaction for our clients. The advantage of being acquired by such a large trade buyer meant they were offered an immediate exit from the business, whilst safeguarding the remaining employees’ future.