International Recruitment deal
“eTeam are an ambitious group with a very impressive CEO at the helm. This is an exciting time for this fast growing group and our Recruitment Sector team were delighted to advise eTeam on this deal. This was a complex international transaction but our expertise and experience in acting on deals in the Recruitment Agency space, is what sets us apart from many of our competitors.”
eTeam has acquired Dryden Human Capital, the parent company of Darwin Rhodes. Dryden Human Capital has a global portfolio of recruitment and executive search organisations headquartered in London and operating globally through offices in London, Hong Kong and New York. Darwin Rhodes is a specialist talent firm operating within niche areas of the insurance market for the past 20 years, with offices in London, Hong Kong and Switzerland.
eTeam is one of the fastest-growing companies headquartered in New Jersey, US with other offices throughout the US, Canada, India and London. eTeam provides staffing services and talent management solutions to Fortune 1000 companies. This acquisition will enable eTeam to increase its market share in London and US as well as giving it access to new global markets. Darwin Rhodes will continue to operate under the Darwin Rhodes brand with their key team.
Our Recruitment Sector team advised eTeam on this deal. Philip Ellis of Optima Corporate Finance introduced the deal to eTeam.
Ben Thakur, President and CEO of eTeam commented that “EMW were instructed on the basis of their specialist knowledge and prior credentials in advising Recruitment businesses on M&A deals. The EMW team worked tirelessly to complete this deal within a very short timeframe. EMW’s commitment coupled with their pragmatic and commercial advice was instrumental in getting this deal completed”.
If you would like to find out more about this deal, please get in touch with Gurpreet Sanghera.