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
White Lab has acquired Testing
White Lab Srl. has acquired Testing Srl.
Learn moreHC Partners has successfully raised debt financing for the acquisition of AQ Group
HC Partners, a Netherlands-based private equity firm, has raised debt financing for its acquisition of the HVAC installation business AQ Group. The financing was provided by ING and Aegon Asset Management. The tailored debt package provides the necessary flexibility in accordance with HC Partners’ vision and AQ Group’s foreseen growth trajectory.
Learn moreUnica has agreed to acquire the Dutch fire & gas business unit from Dräger
Unica, one of the largest providers of technical services in the Netherlands, has signed an agreement for the acquisition of Dräger's Dutch fire & gas business unit. With this acquisition, Unica strengthens its fire safety portfolio. The acquisition of the specialist in fire and gas detection and fire extinguishing materials results in a deepening and expansion of Unica’s fire safety cluster, a leading player in integrated fire safety solutions with 450 specialists.
Learn more