Buckingham Corporate Finance is pleased to announce that it has successfully advised the management of Executives Online to acquire a controlling shareholding in the company

Buckingham Corporate Finance is pleased to announce that it has successfully advised the management of Executives Online to acquire a controlling shareholding in the company.

Executives Online is a fast-track headhunting company that harnesses the internet to accelerate the search process. Its unique approach helps to deliver best-fit candidates for both interim and permanent executive roles quickly in order to redress any loss of competence, as well as protecting the organisation’s competitive position.

At the heart of Executives Online’s service is the Global Talent Bank of over 50,000 candidates seeking permanent roles or operating as interim managers, project managers or change management professionals.

Having developed a strong presence in the UK with multiple regional offices, Executives Online is expanding globally via a franchise business model. It currently has 25 recruitment consultants working globally in Australia, South Africa, Ireland, France, Belgium, The Netherlands and the UK with further international expansion planned.

The transaction was funded by a combination of investment from the management team, vendor loan notes, equity in Newco and debt from RBS Structured Debt Solutions and RBS Invoice Finance.

Anne Beitel the Managing Director of Executives Online said “This is a very important milestone in the development of our business and I would like to thank Buckingham particularly for their creative advice and tenacity in a difficult credit market to help us complete the MBO”.

IMAP Conference in Bologna, February 6-8

Highlights

Buckingham Corporate Finance, London, member of IMAP the international group of mid-market merger & acquisition advisory firms, participated in the origination’s European Winter conference held this month in Bologna, Italy.

The meeting was also attended by several successful multinational companies, the senior management of which presented their acquisition criteria to the meeting.

Whilst the clear consensus of the participants was that current market conditions are extremely challenging there is no doubt that opportunities now exist on a global basis for strategic acquirers to exploit.

At the meeting some 130 specific cases were presented of companies looking for, or wishing to make investments or acquisitions. These opportunities covered a wide range of sectors and geographies and Buckingham would be happy to entertain specific enquiries from acquirers or vendors, both from trade or financial or financial investors.

During 2008, IMAP member firms completed some 266 corporate transactions, including no less than 86 cross–border acquisitions and disposals. Specialising in advising mid-market transactions across the key global service and manufacturing industries, IMAP’s coverage extends through 60 member firms in 40 countries and is delivered through some 280 expert dealmakers.