Goldenhill International M&A Advisors today announced that it acted as M&A exclusive advisor to Sigmar Recruitment (“Sigmar”) a leading Irish Recruitment firm, in completion of a strategic partnership with French staffing giant Groupe Adéquat.
The partnership will be structured through a staged equity investment over a five-year period that will see Groupe Adéquat take majority interest.
Both companies are dominant players in their respective markets and will now look to expand internationally through organic growth and acquisition.
The deal will see significant growth in Sigmar’s Irish operations and will propel Sigmar as Groupe Adéquat’s gateway to English speaking countries. The existing management team will remain at Sigmar for the long term and will work with the Groupe Adéquat’s leadership team to execute international expansion.
Commenting on the value of Goldenhill’s role in the process, Sigmar CCO, Robert MacGiolla Phadraig said:
“Goldenhill’s deep sector knowledge and nearly 20 years’ experience in negotiating transactions in the recruitment industry was an invaluable resource to us throughout the process. Their blend of industry knowledge, global network, deep financial literacy and commercial acumen added immense value at every stage.”