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Impellam Group acquisition talks continue as HeadFirst deadline further extended

22 September 2023

Impellam Group plc, a UK-based staffing giant, has again extended the deadline for staffing provider HeadFirst Global to make an offer to buy the firm.

HeadFirst now has until 27 September.

Impellam first announced the potential acquisition by HeadFirst this summer, which followed several changes at the company.

In April 2022, majority shareholder Lord Michael Ashcroft said he would sell his stake in the company. Following that, Impellam last year sold its Corestaff light industrial brand to Swipejobs Inc. in a $19 million deal. This year, Impellam announced the sale of its healthcare and specialist staffing businesses to Twenty20 Capital in a $102.2 million deal.

The deadline for HeadFirst to make an offer had received previous extensions.

Impellam ranks as the 19th-largest global staffing firm.