Panmure Gordon acted as Financial Adviser to Mullin International, the New York City based provider of career transition services, on its sale to The Adecco Group, the world's leading provider of workforce solutions.
Mullin, located in New York City, is one of the largest independent providers of career transition services with a 35 year track record of delivering outplacement, redeployment and executive search for companies engaged in critical management changes. Mullin has built an outstanding reputation for supporting candidates during periods of change and accelerating job landings.
Mullin will be integrated into The Adecco Group's subsidiary Lee Hecht Harrison, the leading global provider of career transition and talent development solutions and will strengthen Lee Hecht Harrison's position as the global market leader whilst enhancing its market presence in New York City.
Terms of the transaction were not disclosed.
Lasting 4 days and bringing together more IMAP members across the globe than ever before, the conference theme encompassed the 4 C’s: Commitment, Collaboration, Connection and Culture, all fundamental in the IMAP partnership’s continued success.
The acquisition of the zinc recycling division by the industry-experienced consortium enables HMG to benefit from its market knowledge and operational expertise and thereby to develop over the long term.
IMAP closed 117 M&A deals worth over $4.5 billion during Q1-Q3 2020, 31% of which were cross-border. Deals were closed across 15 different sectors, with Technology and Industrials being the most active.
