Target Corporate Finance advises on sale of Xchangeteam

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BRISTOL advisory firm Target Corporate Finance has acted as lead adviser to marketing, media and communications recruitment specialist Xchangeteam to help the company secure a deal with the Pertemps Network group of companies.

Xchangeteam, which was founded by entrepreneur Emma Brierley in 1999, operates from offices in both London and Bristol and focuses on freelance and permanent recruitment in this specialist sector.

Commenting on the deal, Mark Harman, managing director of Target Corporate Finance, said: “This deal represents an exciting opportunity for Xchangeteam to benefit from being part of a larger business.”

Emma Brierley, chief executive of Xchangeteam, said: “We are delighted to have become part of the successful Pertemps Network Group, whilst still retaining our operational independence and brand. 

“We will continue to offer our clients and candidates our well recognised quality service, but use Pertemps Network’s resources to enable us to adapt to a changing market and offer some new services for our clients, freelancers and job seekers alike. Target's contribution was key in helping Xchangeteam secure this deal.”

Advisors

Target Corporate Finance (Mark Harman, Myles Hamilton, Alastair Halcrow, Katie Bridge)

PR and Communications Manager

Target Corporate Finance

0845 241 3387

Target Corporate Finance is an award-winning boutique advisory firm, with a strong track record of advising vendors and purchasers on a wide range of corporate transactions, including mergers, acquisitions, disposals and management buy-outs.

Target Corporate Finance is part of Target Chartered Accountants – a top 50* accountancy firm, with 185 staff across offices in the South West, London, Reading, and the Midlands.  As an owner-managed business, Target has a strong understanding of entrepreneurs and strategic business issues, combined with the high level expertise and service usually associated with multi-national firms.

 (*source:  Accountancy magazine 2011)

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