Wednesday 23 October 2013

PineBridge-backed Work Service buys Antal's Polish unit

The private equity firm holds a 20.02 per cent stake in Work Service.
 
Work Service, an outsourcing group backed by PineBridge Investments, has acquired the Polish operations of Antal International, a recruitment consultancy.
Antal was founded 20 years ago by chief executive Tony Goodwin and will continue to trade under the same brand name. It will also continue to have access to Antal’s global network, according to a statement from the group.
PineBridge made an equity investment of €26m in Work Service in January this year, giving the investor a 20.02 per cent stake in the business.

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