Recruitment and training group Staffline has acquired the entire issued share capital of Passionate About People. Passionate About People was established in 1998 and comprises two companies: Omega Resource Group Limited, a leading UK provider of blue-collar, flexible, staffing solutions to the aerospace, automotive, construction, energy, logistics and manufacturing sectors, and Datum RPO Limited, a leading provider of recruitment process outsourcing solutions to blue-chip clients.
Staffline says the move is consistent with their strategy of accelerating the growth of its recruitment division through select, complementary acquisitions that bring strategic benefits. The acquisition broadens the group’s UK footprint, in particular in South West England, with branches in Swindon and Gloucester and minimal overlap with the group’s existing presence.
In the year ended 30 June 2017, Passionate About People reported revenues of £72 million and an operating profit of £2 million. Consideration will be funded from Staffline’s existing resources and is in line with our acquisition criteria.
“Passionate About People is a highly complementary fit to our existing recruitment activities and will broaden our sector coverage, expand our UK footprint and enable us to offer our clients new services through Datum and Omega,” said Chris Pullen, CEO of Staffline. “The acquisition gives us access to new sectors in aerospace, energy and construction, as well as increasing our market share in manufacturing, whilst further strengthening our market leading position in the automotive and logistics sectors.
“The acquisition supports Staffline Recruitment’s vision to be the trusted market leader, providing a single destination for blue- collar workers and employers to connect across the UK. I look forward to welcoming the Passionate About People team to the Group,” he concluded.