ACQUISITION: RSS GLOBAL
- March 17, 2023
We have invested in acquiring six of the UK’s best-known staffing and workforce solutions brands, bringing them together under the new brand RSS Global.
The company’s brands include high-street names Blue Arrow, Career Teachers, Chadwick Nott, Global Medics, Medacs Healthcare, Litmus and Tate; who supply temporary and permanent staffing across the logistics, hospitality, manufacturing, retail, health and care, legal and education sectors.
This is a significant milestone for us, and for RSS Global, as we join forces to actively invest in growth and build on the heritage of some of the most well-known and well-respected brands in the staffing and workforce solutions sector. We recognise that RSS Global is a natural fit in terms of our investment approach and mission; which is to support management teams of human capital businesses to re-ignite future growth and success.
Rebecca Watson, who led the brands under their previous owner Impellam PLC, joins the Twenty20 family as Chief Executive of RSS Global. Rebecca, said: “I am delighted to lead these remarkable brands under the newly formed RSS Global and to join the Twenty20 Capital family. The Twenty20 team are a great fit, hugely ambitious and will be a tremendous support to us as we begin the next stage of our journey.
This move will allow us to continue to grow our size and scale and innovate our services, as well as reinforcing our valuable ongoing relationships with our clients. I would like to thank all my teams within the brands for their dedication and enthusiasm and we look forward to an exciting future together at Twenty20 Capital .”
The investment and acquisition of RSS Global adds more than £600m of revenue to our growing portfolio of businesses, bringing total revenues managed to more than £1.5bn.
The intended transaction was announced by Impellam PLC in February and completed on 3rd March 2023. The transaction was advised by Dahren Naidoo at Freeth’s and Close Brothers was used as funding partners alongside Twenty20 Capital.
INVESTMENT: Austin International
We are proud to announce the successful completion of a transformative investment, which marks a significant milestone in the evolution of one of the...
ACQUISITION: RSS GLOBAL
We have invested in acquiring six of the UK’s best-known staffing and workforce solutions brands, bringing them together under the new brand RSS...