Case Study: CDI AndersElite
- Deal size:
- Management buy-out
- Deal completed:
- September 2016
Meridian Corporate Finance (“Meridian”) advised the management team of CDI AndersElite Limited (“AndersElite”) on the purchase of the company from the US exiting shareholders.
Established in 1984, AndersElite are leading technical recruitment experts to the built environment. With eight regional offices across the UK, AndersElite provide permanent, temporary and contract recruitment services and solutions for a wide variety of clients across many industries, mainly in construction, civil engineering and rail systems.
Steve Smith, Managing Director of AndersElite comments “xxx”.
Michael Barcia, Director of Meridian concludes, “We were introduced to Simon and Steve by Lloyds to help them navigate their way through an MBO. They are a great team with exciting ideas for AndersElite, which we look forward to helping them implement.”
The management buy-out enables AndersElite to continue with their vision for the future, without compromising the impeccable client service, which is already driving the company to its successes.