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Birmingham Post
Birmingham Post
Business
Jon Robinson

Gusto and The Alchemist backer buys majority stake in international recruitment agency

Alchemist Gusto Palatine Frasers Group

A Manchester-headquartered private equity firm, whose portfolio includes Gusto and The Alchemist, has acquired a majority stake in a life sciences recruitment agency.

Palatine Private Equity has backed Skills Alliance which has offices in London, Frankfurt, Zurich, New York, Seattle and Newport Beach.

The company was founded in 2004, has a team of 130 and comprises three business units: SA Executive, SA Staffing and SA Consulting. The business has an annual net fee income of £15m.

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