Saffery Champness’ Corporate Finance Team advised The MCG Group on its acquisition of Lincoln-based StaffAid, providing financial and tax due diligence services.
StaffAid is an agency which specialise in supplying nurses and carers to care homes, hospices and hospitals across the Midlands.
The transaction represents The MCG Group’s growing presence in the healthcare recruitment sector, adding to the acquisition of Poppy Nursing and Care Services Ltd in November 2020.
Niraj Patel, head of Corporate Finance at Saffery Champness comments: “We are delighted to be able to continue to support The MCG Group in its growth within its specialist staffing divisions. I believe that StaffAid will be a great fit for MCG Healthcare and will complement the existing offering within the group. I look forward to continue to see The MCG Group go from strength to strength through its balanced approach of organic and acquisitive growth.”
The MCG Group is a collection of companies providing people-focused services in sectors including aerospace and aviation, construction, education, healthcare and technology.