Acquisition of Matrix SCM Group Limited by Bridgepoint Development Capital

BDO.LiveSite.Deals.DealTypePrivate Equity & Transaction Services
BDO.LiveSite.Deals.IndustryProfessional Services & Technology & Media
BDO.LiveSite.Deals.SubIndustryRecruitment & Technology
BDO.LiveSite.Deals.ClientNameBridgepoint Development Capital

BDO provided financial and tax due diligence on Bridgepoint's acquisition of Matrix SCM.

Matrix is the leading managed service provider for the outsourced hiring and management of temporary local government staff in the UK.

Matrix' technology-enabled platform is a differentiated and market leading proposition in the UK where it typically acts between Local Authorities and a nationwide pool of approved recruitment agencies. The model it operates is highly attractive to this customer base, offering visibility and control of recruitment spend, high fulfilment rates and access to a large number of accredited candidates.