KBS Corporate Completes Sale of Selective Recruitment Limited Within 6 Months
KBS Corporate has advised on the sale of Surrey-based Selective Recruitment Limited to rival recruitment firm, Second Site Recruitment Ltd after less than 6 months on the market.
With head offices in Leatherhead and regional offices throughout London, Essex, Southampton and Glasgow, Selective Recruitment specialises in providing permanent, temporary and contractual staff throughout the UK and Europe.
The business came to the market in late 2015 due to our clients’ wishes to exit the company and retire. In this short period of time, KBS Corporate attracted circa 20 interested parties and secured 2 solid bids before a deal was agreed with Oxfordshire-based Second Site Recruitment.
The acquisition will serve as a foothold for Second Site Recruitment to expand geographically and take advantage of Selective Recruitment’s lucrative UK and overseas client base.
Sonia Cottrell of KBS Corporate advised on the deal and commented on the excellent strategic fit between the two companies and believes the acquisition will serve Second Site Recruitment well in their expansion plans.