SMB has acted for the Interaction Recruitment group in its acquisition of Verve People, a leading supplier of hospitality, catering, and events staff.
Andrew Gilchrist, Managing Director of Interaction Recruitment said of the SMB team: ‘I am very excited about our new business and appreciate the help of Alon Domb as well as the rest of the SMB team in again doing an excellent job to help us smoothly achieve the acquisition of Verve People businesses within a very short time frame. We now have over 30 UK branches.
Interaction continues to look for further acquisition opportunities that will fit their model. In making acquisition we are not reliant on borrowings, but are happy to continue working with existing financiers and professional advisors, as appropriate.’
Alon Domb, a partner at SMB said: ‘We are pleased to have acted for Interaction on another business purchase. Their ability to undertake deals quickly together with their continued expansion is impressive.’
Co- Head of the Music Department Alasdair George acted for the founder of Cooking Vinyl, Martin Goldschmidt, on the sale of the company to US-based Exceleration Music.
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