Moore Barlow has advised the management team in their successful management buyout of the Serocor Group, the leading £100m+ turnover recruitment group headquartered in Portsmouth, Hampshire. The deal was supported by specialist asset based lender Breal-Zeta CF.
Serocor is an award winning and well established recruitment group attracting, engaging and nurturing STEM talent in partnership with its clients, many of which are blue-chip names. The deal enables the new management team to take control of the group and set a fresh strategic direction for the business.
This is a fantastic opportunity for the new management team to embark on an exciting new business journey and a first class performance from the team at Moore Barlow, who supported us every step of the way. This was a complicated and demanding project and they really went the extra mile to get the deal over the line.Dave Wilson, COO, Serocor Group
We are absolutely delighted for Dave, Leon, Shaun and the rest of the Serocor team – they have been a pleasure to work with and we are looking forward to seeing them steer the Serocor ship through the next exciting phase in its history.Jeremy Over, Partner, Corporate
The corporate law team at Moore Barlow was led by Jeremy Over, partner, and also included Tim Matthews, partner, Joshua Cronin, Solicitor, Dom Szentpali, Solicitor, Cherie Lawson, trainee legal executive, Stephanie Joyce, paralegal, and Stephanie Clark, associate, employment law.
Financial and tax advice to the management team was provided by Paul Stout, Matthew Wilmott, Holly Bedford and Lisa Whitbread of PKF Francis Clark. The principal sellers were represented by Geldards, and Crowell & Moring acted for Breal Zeta CF.