Schroder Br.Opps.Tst - Investment in HeadFirst
03/06/2024 07:00
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RNS Number : 7180Q Schroder British Opportunities Tst. 03 June 2024
Schroder British Opportunities Trust plc
Investment in HeadFirst
Schroder British Opportunities Trust plc ("SBO" or the "Company") is pleased
to confirm a new private equity investment in HeadFirst, an international HR
tech service provider operating in fifteen European countries. The capital
invested will be used to finance HeadFirst's acquisition of managed services
and specialist staffing provider, Impellam Group, to create a world leader in
workforce solutions for STEM (science, technology, engineering and
mathematics) talent. SBO gained exposure to HeadFirst via Schroders'
long-standing investment partner, IceLake.
Tim Creed and Pav Sriharan, portfolio managers of the Company, commented: "We
are pleased to be investing at this important development milestone for
HeadFirst as we believe the combined business has the potential for
significant growth over the coming years."
Enquiries:
Schroder Investment Management Limited
Katherine Fyfe (Company Secretarial)
Kirsty Preston (PR)
020 7658 6000
Peel Hunt
Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking)
Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris (Sales) 020 7418
8900
About Schroder British Opportunities Trust plc 'SBO'
SBO invests in a diversified portfolio of UK-focussed public and private
equity companies with long-term growth prospects.
Further information on the Company is available at www.schroders.com/sbo
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