Arrowpoint Advisory supports debt financing for The SR Group

The Debt Advisory team at Arrowpoint Advisory, Rothschild & Co’s dedicated mid-market advisory business in the UK, has acted as sole financial adviser to The SR Group, a leading international recruitment firm backed by Baird Capital, in relation to its recent debt financing with Eurazeo. The transaction supports a refinancing and recapitalisation of the business that has enabled the company to exit a number of legacy shareholders and return capital to others, including Baird Capital.

The SR Group is a global search and recruitment company comprising specialist search and recruitment consultancies Brewer Morris, Carter Murray, Frazer Jones and Taylor Root. The business has 14 international offices and four specialist brands. Over the last five years, The SR Group’s specialist brands have successfully placed more than 15,000 professionals into some of the biggest and brightest businesses across more than 55 markets.

Established in 1989 as a business unit of Baird, Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors globally (focusing on the B2B Technology & Services). Since inception, they raised and managed more than $4 billion.

The Arrowpoint Advisory Debt Advisory team was supported by colleagues and Human Capital and Consultancy sector leads, Jeremy Furniss and Will Evans.

Dennis Hall, Partner and Global Head of Portfolio Management of Baird Capital, commented: “We are delighted to support SR Group on this next stage of growth and look forward to continuing our partnership.”

Alex Calcutt, CFO of The SR Group, added: “Alessandro and the team at Arrowpoint Advisory were central to this refinancing process. They provided critical support and excellent advice throughout the negotiations, leading to a great outcome for both SR Group and its shareholders.”

Alessandro Brembati, Director at Arrowpoint Advisory, concluded: “It has been a pleasure to work with Alex and the wider SR Group management team on the refinancing of the Unitranche facility. We are delighted to have arranged a highly flexible debt package tailored to support the company business plan.”

Contact the deal team