Palladium fuels growth with Get Set UK deal
A public service programme provider has expanded with a takeover.
Palladium has bought Get Set UK.
Officials say the move for the employment services and skills provider will “create a stronger platform to deliver connected, high-quality support for people, employers and communities”.
London-based Get Set UK is known for delivering Government-funded programmes and community-based services, with 90-plus country operator Palladium providing programmes and advisory services across areas including employment, economic development, education and social impact.
Its UK-based employment and community services division oversees large-scale public service schemes, which include the Government’s Refugee Employability Programme.
Sinéad Magill, Palladium chief executive, said: “This partnership builds on the strong foundation we have laid in the UK and reflects the commitment of our teams and the impact they’ve made in communities.”
Thomas Harley, Get Set UK chief executive, added: “This is about strengthening what already works.
“By bringing together our strong frontline delivery with Palladium’s governance and operational capability, we are better placed to respond to growing demand.”
Get Set UK shareholders were advised on the deal by a team from Newcastle-based RG Corporate Finance, led by partner and head of corporate finance Carl Swansbury alongside corporate finance director Connor McBride and corporate finance senior manager Tom Cosby.
The firm’s business tax team – led by partner Simon Whiteside and director Simon Hopwood – provided tax advice, with legal advice coming from Bury St Edmunds-based Greene & Greene Solicitors.
London-based PMSI, led by Aditi Talwar, performed vendor due diligence for Get Set UK.
Carl said: “Get Set UK has developed an outstanding reputation within the employability, skills and training sectors.
“This transaction brings together two organisations with a shared commitment to improving access to employment, skills and opportunity.”
Palladium received tax advice from KPMG and legal support from Aberdeen, Edinburgh, Glasgow, Leeds, London and Manchester-based Addleshaw Goddard.
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