Fladgate advises on recruitment MBO

Our team: Gemma Grunewald, Ian Brent

Fladgate has successfully advised Paul Hooper, the founding director of Impact Recruitment, on a management buyout of the East Midlands recruitment company.

Impact Recruitment was established in Northampton in 2002 and has expanded to four locations and currently services 150 employers within the industrial and commercial sectors.

After completing a series of recruitment deals, Fladgate has been shortlisted for the second year running by Recruitment International for Law Firm of the Year.

Carl Swansbury and Alex Simpson of Ryecroft Glenton provided corporate finance advice to the buyer. Philip Ellis of Optima provided corporate finance advice to the seller.

The Fladgate team included corporate associate Diana Mennie and tax associate Gemma Grunewald. Corporate partner, Ian Brent commented: “We were delighted to act for Paul on the MBO and work on another successful deal in the sector with Ryecroft Glenton. This strategic move will help the future development and growth of Impact Recruitment & we wish Paul and his team continued success.”

Paul Hooper, MD of Impact Recruitment commented: “We know that Ian Brent is one of the leading lawyers in the recruitment M&A sector & it was great to have him & his excellent team working with us to fulfil this buyout.”

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