Bird & Bird advises Global Resource Solutions Group Limited on private equity backed management buy-out

19 May 2008

International law firm Bird & Bird has advised international search consultancy, Global Resource Solutions Group (GRS), on its £18 million management buy-out. GRS CEO, Ken Brotherston, led the buy-out team which was backed by private equity firm Penta Capital. Investec Bank provided the debt finance.

Founded in 2002, GRS is an international specialist search consultancy focusing on Senior Manager and Director levels within Risk, Legal, Tax and Interim. Headquartered in Brighton, GRS operates out of 7 offices in Hong Kong, London, Munich, New York, Paris, and Zurich.

The Bird & Bird team was led by corporate partner, Simon Fielder who was assisted by corporate assistant, Joanne Bletcher. Bird & Bird’s offices in France, Germany and Hong Kong were also involved in the due diligence aspects of the transaction. Corporate finance advice was provided by Katie Folwell-Davies and Tom Gallop at Deloitte.

Bird & Bird’s International Corporate Group has over 100 lawyers specialising in M&A, takeovers and IPOs, including AIM listings, private equity and governance – as well as key support areas such as acquisition and debt financing, employee benefits and tax.

For more information please contact:
Derek Gilmour or Ben Girdlestone
Tel: +44(0)20 7415 6079 / +44(0)20 79826470
Email: derek.gilmour@twobirds.com or ben.girdlestone@twobirds.com

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Notes to Editors

About Bird & Bird

Bird & Bird is a full service international commercial law firm with offices in Beijing, Brussels, Düsseldorf, Frankfurt, The Hague, Helsinki, Hong Kong, London, Lyon, Madrid, Milan, Munich, Paris, Rome and Stockholm.

For more information on Bird & Bird please go to www.twobirds.com