Simon Nicholas Associates (SNA), the Nottingham-based construction sector recruitment business, has been acquired by Approach Personnel for an undisclosed figure. Founded in 2009, SNA specialises in supplying construction professionals, skilled trades, and labour to clients across the UK.
Founder Simon Pearce commented on the acquisition, stating: ” I am excited about the future and the opportunities this acquisition brings. We are buying into the vision that Approach Personnel’s Directors have for their business, and I am eager to become a part of it. The professionalism and ease with which this acquisition was handled have been remarkable, and I am confident that this partnership will drive further success for myself at Approach Personnel.”
Approach Personnel, headquartered at Chase Park, Nottingham, places temporary and permanent staff nationwide across various sectors, including construction, civil engineering, shopfitting, interiors, industrial, and food production. This acquisition follows their 2019 acquisition of local recruitment agency Elizabeth Michael Associates, specialists in commercial and office-based roles. The latest acquisition is part of an ambitious growth strategy being implemented by the leadership team.
Adam Charlesworth, Group Director at Approach, said: “We have known Simon Pearce for over twenty years and are delighted to have the opportunity to work with him to expand upon what he has built over the past 15 years.”
Alan Spalding, Group Managing Director at Approach, added: “We have structured plans to triple revenues at our recruitment group, and acquisitions form a critical part of our strategy to achieve these targets. We are currently working on another acquisition and are actively seeking similar companies that may be suitable for Approach Personnel or Elizabeth Michael Associates.”
Solicitors Shakespeare Martineau advised Approach Personnel on the transaction. Roger Harcourt, head of office at Shakespeare Martineau, said: “Approach Personnel has been a client for many years and we have been privileged to witness their rapid growth. Their professionalism and strategic vision make them a standout client in the recruitment sector.”
SNA was advised by Chattertons, who guided them through the acquisition process.