UK-based mid-cap investor Baird Capital Partners Europe has invested in The SR Group, a recruitment services firm.
Beechbrook Capital provided debt to support the transaction. Baird targets UK-based companies with a turnover of £10-100m. The GP's latest investment is in line with its experience in business recruitment...
XAnge Private Equity bought a minority stake in the group in 2007 for €3.5m
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IPO sees Prime Ventures and Macquarie among vendors of existing shares worth a total of €153m
Business, founded in 2014, is currently at proof-of-concept stage for its product