Advised Lansdowne, a provider of innovative recruitment solutions and services, in its sale to ARINSO
Goldenhill Assists Lansdowne in Sale to ARINSO International
Advises in completion of transaction announced April 3rd
LONDON – April 5, 2006 – Goldenhill Technology Advisors llp today announced that it assisted Lansdowne Creative Marketing Ltd (“Lansdowne”) in its acquisition by ARINSO International (Euronext Brussels: ARIN).
ARINSO offers information technology based HR business solutions to the world’s largest employers including implementing SAP HR, Payroll outsourcing and now Recruitment process outsourcing.
Founded in 1990, Lansdowne provides innovative recruitment solutions and services, including Recruitment Process Outsourcing (RPO) and call centre technology to leading blue chip organisations in the United Kingdom. In 2005, its revenues exceeded EUR 7 million. The company employs over 100 staff and provides services to organisations such as Norwich Union and Lloyds TSB.
Graham Young, Managing Director of ARINSO UK Ltd comments, “Lansdowne has a solid client base in the UK and has worked with over 70% of its clients for more than 5 years. The acquisition of Lansdowne will enable ARINSO UK to enhance its position as a leading HR Services provider. Future plans will see the extension of the Recruitment Service to other countries around the world, underlining ARINSO’s strategy to create and provide a consistent, world class, end-to-end HR service for its clients”.
About Goldenhill Technology Advisors
Goldenhill’s sole focus is to represent and advise our technology business Clients in merger and acquisition (M&A) engagements. Our engagements include providing services to Sellers or Buyers in M&A projects in the UK, USA and Europe with specific focus in software and service businesses.
April 5, 2006