Trethowans makes three more acquisitions for The MCG Group

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March 01, 2022

Trethowans has expanded on its longstanding relationship with Watford-based recruitment consultancy The MCG Group with the successful conclusion of three new contracts.

These follow the company acting in a series of transactions for the MCG Group over the past few years, most recently with Lincoln-based nursing agency StaffAid in May 2021.

Following a £20 million investment by partner Tosca Debt Capital, on which Trethowans also advised, MCG Group completed the following acquisitions:

  • International PR: Recruitment company with group companies around the world supplying agency workers and operating globally. It has placed over 8,000 people and represents one of the MCG Group’s largest transactions to date.
  • Sixth Sense Trade: Scotland-based training company offering everything from short courses to full Scottish Vocational Qualifications (SVQs) and digital apprenticeships.
  • Jenrick Group: UK recruitment specialist. Focuses on contract, interim and permanent staff in the technology, engineering and trade sectors.

These acquisitions are part of The MCG Group’s five-year plan, which includes ambitious growth targets and seeks to build on the foundations of its recruitment activities by offering value-added services to its clients and candidates.

Trethowans, acted for MCG Group on all three transactions, providing legal advice, undertaking due diligence, liaising with MCG’s overseas advisers and drafting key transaction documents.

Mark Nixon, corporate partner, who led the deals with Jonathan Sherman, a team partner, said: “We have a fantastic relationship with The MCG Group, which is a well-established client with an ambitious growth strategy. We have represented the company in numerous transactions over the years and are delighted to assist them, once again, in helping them achieve their goals.

The deals involved a cross section of Trethowans lawyers from the corporate, commercial, banking, tax and real estate teams.

Colm McGinley, Founder and CEO of MCG Group, is positive: “Once again, Trethowans has demonstrated the full range of its legal expertise and abilities, providing an efficient and dedicated service, while dedicating the necessary hours. We were very impressed and are already working on other deals with his team.

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