Ross Human Directions Limited has been acquired by Chandler Mcleod Group Limited
Ross Human Directions Limited (Ross) has been sold to Chandler Macleod Group for a total value of US$62 million.
Ross Human Directions Limited provides human resources recruitment, management and technology solutions from 18 locations, primarily in Australia but also in Hong Kong, Ireland, New Zealand, Singapore and the UK.
Ross was approached by several recruitment and human resources firms in mid-2010. Over a period of 6 months, three proposals were considered, analysed and negotiated – a full acquisition by scheme of arrangement for Ross by PeopleBank group, a private investor backed leveraged buy-out and a cash and shares acquisition by public takeover offer from ASX-listed Chandler Macleod Group.
Chandler Mcleod Group Limited is one of Australia's largest providers of human resources solutions from 50 branches across Australia, New Zealand and Europe. The group provides recruitment for temporary and permanent staffing, consulting and workforce management services.
Oaklins' team in Australia advised Julia Ross, major shareholder of Ross, in this transaction.
Talk to the deal team
Related deals
Grupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
Learn moreDaqui pra Fora has sold a stake in the company to Grupo CI
Grupo CI has acquired a stake in Daqui pra Fora.
Learn morePiLON has been acquired by United Living Group
United Living Group has acquired PiLON, the property services business operating in the social housing sector. This transaction combines PiLON’s expertise in social housing maintenance and people-focused approach with United Living Group’s extensive resources and industry network. PiLON is now well-positioned to explore new avenues for innovation, expand its service capabilities and deliver even greater value to its clients and communities.
Learn more