Sale of an online recruitment business

Aim
  • To advise on the trade sale of an online recruitment company

Scope
  • Cairneagle managed search for potential acquirers on behalf of an online recruitment company
  • We helped position the company so that its value was maximised in the eyes of the potential acquirers
  • Our senior partners negotiated the terms with shortlisted suitors, and we helped to structure the transaction

Outcome
  • The business successfully sold to a leading media company in 2006
  • The earn-out clause which was negotiated as part of deal was successfully triggered in 2009