Shearman And Sterling

News April 29, 2016

Shearman & Sterling Advises HSBC on Financing for Acquisition of Frank Recruitment Group

Shearman & Sterling advised HSBC as mandated lead arranger, agent and security agent in connection with the financing of TPG Growth's acquisition of Frank Recruitment Group, a global recruitment firm, from Livingbridge.  

Frank Recruitment Group is a leading niche recruitment firm for IT professionals who specialise in enterprise software.  

The Shearman & Sterling team was led from the firm's London Finance practice included counsel Luke Jaggar, associates Sedina Aidam and Michèle Smith and trainee solicitors Omar Alkaffas and Charlie Marmion (all London-Finance).  Partner James Duncan and associate Sara Couling (both London-Finance) advised on the hedging aspects of the transaction, and partner Simon Letherman and associate Lois Howarth (both London-Tax) advised on tax matters.