Impellam Group acquires Flexy
Impellam Group PLC has acquired Flexy Corporation Limited, a flexible staffing platform based in London.
Founded in 2015, Flexy uses psychometrics, machine learning, and nudge theory to unlock local talent. It was designed and built by a team of psychologists, recruitment experts, and digital architects to streamline the casual labour market.
Flexy provides an innovative, data-driven analysis platform to provide insights and consumer-grade digital experiences. The efficiency gained through the utilisation of technology combined with Impellam’s deep staffing experience will augment our portfolio and service offering to customers and candidates.
Oliver Crofton, managing director of Flexy, said, “We are delighted to be joining Impellam and to sit alongside such trusted recruitment brands. We developed Flexy to help companies leverage the power of technology to reach local candidates, and now with the backing of Impellam, we can accelerate our growth in this exciting and evolving recruitment landscape.”
Julia Robertson, group CEO of Impellam Group, added, “The strategic partnership with Flexy combines digital capabilities and technologies with our current portfolio’s deep heritage and expertise; to offer new solutions, more choice, and better, technology-led experiences for customers and candidates alike.”
Mishcon de Reya advised Impellam Group PLC on the acquisition. Head of corporate and the recruitment services group at Mishcon de Reya, Nick Davis, led the transaction assisted by corporate associate Leanne Maund. Davis commented, "We have seen a proliferation of exciting young companies seeking to transform the staffing industry with their innovative and technologically enabled solutions. The staffing companies that embrace technological change with an entrepreneurial spirit will be able to leverage their existing infrastructure, track-record and industry specific expertise to grow, shape and lead their industry.
"We are pleased to have advised Impellam for the first time on a M&A transaction, and, in particular, on a multi-disciplinary partnership that aims to transform the industry. This is a further confirmation of our strong expertise and reputation in the recruitment services sector, as well our understanding of the intersection of the industry with new technologies."
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