Wed, 29 May 2024 | BUSINESS SALE
Bluestones Group has completed its seventh brand acquisition of this calendar year with a deal for Lancashire-based legal recruitment firm Clayton Legal. Following the takeover, the company will continue to operate as a standalone business.
Clayton Legal has been operating for more than 20 years and has a diverse client base, spanning Legal 500, Top 200 and boutique law practices. The company recruits legal professionals at all levels and across a wide range of legal disciplines.
Bluestones Group Chief Executive Steve Pendergast commented: "In acquiring Clayton Legal we’re continuing to evolve our divisional structure within the group whilst adding to our ever-growing portfolio of high-quality recruitment and staffing service brands.”
"Growth through acquisition is just one of our strategic pillars, yet it clearly demonstrates our ability to grow at pace and outperform the market as we leverage the economies of scale and support services in the group to fast-track this acquisition."
Clayton Legal Managing Director Louise Kearns said: "I believe we can build on our existing platform as one of the UK’s leading legal recruiters to achieve our ultimate goal of establishing Clayton Legal as the employer and recruiter of choice in the legal sector and continuing to exceed the expectations of our clients and candidates.”
"Our team has developed an in-depth understanding of their legal disciplines and we’ve identified several significant growth opportunities that we believe we can now capitalise on with the help and support from Bluestones."
Bluestones Group was founded in 2014 and has since grown rapidly, including through M&A activity, and now has a portfolio of 24 recruitment and staffing services firms. The group primarily operates across an array of sectors in the UK but has recently expanded into New Zealand through an acquisition.
Read more about the trends defining M&A activity in the UK's recruitment sector
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This practice, which was established over 20 years ago, is available for sale. The Partners would be available to assist in the transition period to ensure a smooth handover of clients.
This practice, which was established over 15 years ago, is available for sale. The Partners would be available to assist in the transition period to ensure a smooth handover of clients.
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