INITO INTERNATIONAL LTD. ACQUIRES LONGBRIDGE
Rapidly expanding International recruitment company, Initio International Ltd, has acquired one of the leading UK brands in legal recruitment, Longbridge International, in a deal announced on 1st March 2010.
Recently appointed Director, Patrick Goodwin said, as part of Initio, Longbridge has a great opportunity to build an established brand and maximise its potential through diversification into other areas of professional staffing, throughout the UK.
Initio International Ltd, itself a recent Management Buy Out (MBO) from the large, Japanese owned Faro Recruitment Group, has successful businesses in the USA (Monroe Staffing Inc.) and Spain (ALG Consultores). The Groups aim is to establish itself as a major player in the hard-fought world of International professional services staffing.
Initio International Chief Executive Brendan Flood said, "Initio have been looking to expand into the UK for some time now and I'm extremely excited by the fact that we've been fortunate enough to acquire a brand as strong as Longbridge, with all of its heritage in the market.