Panmure Gordon acted as Financial Adviser to Mullin International, the New York City based provider of career transition services, on its sale to The Adecco Group, the world's leading provider of workforce solutions.
Mullin, located in New York City, is one of the largest independent providers of career transition services with a 35 year track record of delivering outplacement, redeployment and executive search for companies engaged in critical management changes. Mullin has built an outstanding reputation for supporting candidates during periods of change and accelerating job landings.
Mullin will be integrated into The Adecco Group's subsidiary Lee Hecht Harrison, the leading global provider of career transition and talent development solutions and will strengthen Lee Hecht Harrison's position as the global market leader whilst enhancing its market presence in New York City.
Terms of the transaction were not disclosed.
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.