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Foot Anstey Completes Sale of Recruitment Firm to Dragon-backed Company
Leading South West law firm Foot Anstey has completed the sale and management buy-out of Bristol based recruitment consultancy Timothy James Consulting (TJC) to Hamilton Bradshaw former Dragon’s Den star James Caan’s private equity group.The business was established in 2003 by Peter Bennett and co-founder Chris O’Connell and has offices in Bristol, London and Manchester. TJC employs 60 staff, has an annual turnover of 17million and has twice been listed as a Sunday Times Virgin Fast Track Top 100 Growing Company.Foot Anstey corporate partner Tracy Fennell, who recently joined Foot Anstey’s new Bristol office, led the team which advised Peter Bennett on the sale of his stake in the business to Hamilton Bradshaw. He commented: “Our specialist corporate finance team was delighted to advise Peter on the sale of a business which he helped to grow into a major player in the technology recruitment market. We wish him well for the future and Hamilton Bradshaw and the MBO team every success with TJC.”James Caan, Chairman of Hamilton Bradshaw, said: “We have been looking for a technology specialist for some time and I am delighted that TJC was the business we finally selected.”Foot Anstey worked with London based Cavendish Corporate Finance LLP on the sale. Baker Tilley provided corporate finance advice to the MBO team and Ashfords were their legal advisors.Posted by: Stacey
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