Freeths advises Twenty20 Capital on sale of Halian Group to NES Fircroft
Leading law firm Freeths has advised Twenty20 Capital and Stuart Fry, the sellers of Halian Group, on its sale to global workforce solutions specialist NES Fircroft.
Halian Group is a specialist provider of IT and digital transformation services, workforce solutions and managed services, with operations across Europe, the Middle East and the US. Backed by Twenty20 Capital following a management buyout, the business has purchased a successful buy-and-build strategy and developed expertise across cyber security, cloud and infrastructure, data and AI, software engineering and project and change delivery.
NES Fircroft delivers staffing and managed services across engineering, technical and professional disciplines worldwide.
This acquisition will allow NES Fircroft to progress its business strategy by accelerating its digital growth and expanding its international technology capabilities.
Leading the Freeths team on this deal was Corporate Partner Dahren Naidoo and recently promoted Corporate Director Fiona Woodhead. They were supported by Banking & Finance Director Michelle Wilkinson, Corporate Managing Associate Megan Atack and Corporate Senior Associate Farrell Tang.
Commenting on the deal, Fiona Woodhead, Corporate Director, said: “This transaction highlights the value created by Twenty20 Capital’s support and the international growth Halian has achieved under Stuart Fry’s leadership. Deals such as this demonstrate the Freeths Corporate team’s ability to deliver complex international transactions while providing commercially focused, practical advice throughout the process.”
David Watkins at Twenty20 Capital added: “Freeths provided consistently high quality, commercial advice throughout the sale process. The team demonstrated a deep understanding of the business and the international aspects of the transaction, working seamlessly with all parties to deliver the deal efficiently. Their responsiveness and clear, pragmatic approach made them a trusted adviser at every stage.”
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