RSM’s M&A and private equity team has advised on the sale of Edison Technical Recruitment to Assystem UK Limited, an international engineering and innovation consultancy.
Edison Technical Recruitment is a specialist engineering recruitment agency to blue chip original equipment manufacturers and major suppliers in the UK automotive industry. Through the leadership of founder John McAuley, Edison has established itself as the number one supplier to the electrical automotive sector. The acquisition by Assystem, a Euronext Paris listed company, will provide an ideal platform for growth in the UK’s specialist engineering sector.
What RSM did
RSM led the transaction on behalf of the vendors from start to finish, running a controlled process to select the preferred acquirer and negotiating all aspects of the deal terms.
'RSM’s team provided us with constant support throughout the sale process, taking time to understand ourbusiness values, and what we were looking to achieve. Working closely with Edison’s shareholders on a daily basis, they took great care in every step of the deal, providing extremely useful advice whenever it was required. They were always available to speak to, day and night, particularly during stressful parts of the process – which thankfully they also helped us keep to a minimum. I would recommend the team at RSM without hesitation for all their hard work in helping make our transaction a success.'
John McAuley, Shareholder
Edison Technical Recruitment
James Wild, Partner: T+44 (0)161 830 4000
Rikesh Patel, Manager : T+44 (0)161 830 4120