The Invest|R Group has acquired a significant stake in North West-based recruitment company Matt Burton Associates (MBA) which has a "track-record of success" working with a number of iconic brands.
MBA, which has offices in Macclesfield and Chester, has recently enjoyed "very strong" year-on-year growth despite tough market conditions.
Tony Minnis, group chief financial officer of The Invest|R Group, said MBA is a "corner stone investment" for the company.
"Our strategy is to operate a countercyclical programme that invests in leading businesses operating in structural growth markets that have a clearly-defined purpose to exist for both their clients and candidates," he added.
Matt Burton, chief executive and founder of MBA, said: "We will continue to deliver high-quality, transparent and innovative recruitment services, leveraging the joint expertise and market knowledge of the two companies."
Christian Mancier, a corporate/commercial partner at Gorvins Solicitors, led a team of corporate/commercial and employment solicitors advising MBA on the partnership transaction.
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