BKL completes buy-out of specialist recruitment consultancy
Chartered accountants and advisers BKL have successfully completed the management buy-out (MBO) of Trillium Associates. This follows a successful 2016 for BKL’s corporate finance team, where completed deals included the sale of Cherrydown Vets and the acquisition of two leading relocations businesses by Momentous Relocation.
Trillium Associates, based in Cambridge but operating internationally, is a leading independent recruitment consultancy for the construction, defence services and military infrastructure sectors. The business has been acquired by the management team from the founders of the company. Funding for the buy-out was provided by ABN AMRO Commercial Finance.
Tom Gallop, corporate finance partner at the Cambridge BKL office, commented: “We are delighted to have completed another local deal and look forward to supporting more management teams and shareholders as the year continues.”
Job Eghobamien, who led the buy-out, also voiced his appreciation of BKL’s guidance, commenting: “I am extremely grateful to Tom and the team at BKL for the support and advice they gave in connection with the MBO.”
Find out more on our deal card, by getting in touch with your usual BKL contact or with our enquiry form.