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Cardiff – CFI is pleased to announce that it acted as lead financial advisor to The Indigo Group on its acquisition of BMSL Group.
Indigo is one of the UK’s leading providers of commercial contracting, worker engagement and payroll solutions. The acquisition will push group revenue towards £600 million per annum.
BMSL Group is one of the UK’s leading recruitment companies operating in the construction and transport sectors. In terms of day-to-day activities, both Indigo and BMSL will continue to operate as separate divisions of the Group.
Ian Cole-Wilkins, Indigo Group CEO “This is exciting news for us and is a clear signal of our ambitious growth plans. BMSL is a stable, well-run business with a strong geographic footprint and complements our long-term strategy perfectly. I am delighted they can now be counted on as part of the Indigo Group.”
This transaction closed on 8 March 2023.
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