M&A activity in the recruitment industry reached a 10-year high at the start of 2022 with the industry bolstered by the number of job vacancies growing to a record of 1,172,000 in November 2021, according to the ONS, as 1 in 4 workers plan a job change.
Borne from the pandemic, workers quit their jobs due to post-pandemic burnout, changing priorities and the greater number of opportunities that became available.
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Benchmark International is delighted to announce the transaction between East Kilbride-based Sixth Sense and Watford-based MCG.
Established in 2009, Sixth Sense is a national training provider of IT and digital apprenticeships, providing SVQ accredited courses to 140 learners through a direct contract with Skills Development Scotland.
MCG is a recruitment, consultancy and project-based solutions company within aerospace & aviation, construction, education, healthcare, and technology. The company works with, supplies and employs people both in the UK and internationally.
The acquisition is the third by MCG in 12 months, as part of a five-year growth strategy.
Grant Henderson, COO of MCG, said: “The acquisition of Sixth Sense fulfils both a business and personal ambition in increasing our training capability for our internal staff, as well as externally to our valued customers.”
READ MORE >>October was a fantastic month for Benchmark International and we are proud to announce that our teams in the UK and US have completed deals with an overall, combined transaction value of $160,000,000.
READ MORE >>The reported record levels of profit generated in the global recruitment sector in the last few years has worked as a catalyst for high levels of M&A activity. The great news for recruitment is that this appetite looks set to continue as we approach the final quarter of 2016.
READ MORE >>Benchmark International is pleased to announce that a deal has been agreed for the sale of LTC Services Limited to Russell Taylor Group.
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Benchmark International 
Benchmark International