Benchmark International is delighted to announce the acquisition of Amsterdam-based Payments and Cards Network (t/a PCN) by Stafford-based PSR Group.
PCN is a specialist recruitment group, placing permanent and temporary staff in fintech and data science roles with leading blue-chip clients, fintech scaleups and leading financial service providers.
The company has a worldwide reach, holding trading licences throughout Europe, the US and Singapore.
PSR Group provides specialist recruitment services to the construction, healthcare, technology, and social value sectors via four brands: PSR Solutions; SYK Recruitment; Novello Healthcare; and Build a Career. The group has over 200 employees, 12 global offices and generates revenue in excess of £75m.
The acquisition strengthens the unique blend of businesses already in the group by adding fintech to its portfolio.
On working with Benchmark International, Founder of PCN Jordan Lawrence, commented: “I recently had the pleasure of working with Benchmark International and their fantastic team, specifically Alex Forshaw. Their expertise and advice were invaluable in helping me to successfully sell my company, PCN. Alex went above and beyond, answering calls and messages at all hours until the job was done. His dedication and attention to detail made the whole process seamless and stress-free.
“I cannot recommend Benchmark International enough. Their level of professionalism, expertise, and commitment to their clients is unparalleled. If anyone is considering working with them, I would be more than happy to serve as a reference. Thank you, Benchmark International, and especially Alex Forshaw, for all of your hard work and support!”
Rogier van der Voort, CEO of PCN, said this about the acquisition: “The global fintech market size is expected to reach $332.5 billion by 2028, driven by the rapid adoption of digital services. We are excited to join the group and build on the wealth of knowledge already in the business.”
PSR Group Chief Executive Officer, James Sanders, commented: “The PSR business model is centred around people, focusing on personal development, well-being and providing support for all our staff. The businesses are very much aligned in terms of sharing similar values, this being central towards the investment.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $9.4 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.