Experis takes majority stake in Triple Seven
Deal sees egaming recruitment company join the Experis Group in order to help international growth plans
UK professional resourcing business Experis has boosted its gaming offering after acquiring a majority stake in egaming recruitment specialists Triple Seven Resources.
London-based Triple Seven, which was formed in 2007, has become part of the wider Experis Group with the deal said to enable the firm to pursue a broader international growth strategy.
According to Experis, Triple Seven was on the lookout for additional investment in order to continue its development after the business enjoyed a period of sustained growth during 2013.
Following the deal, Triple Seven will continue to trade as a separate entity with no changes made to the structure or organisation of the company.
“We see real opportunity with the business and believe this is going to be a great relationship for both companies as we seek to expand and build on the already strong foundations that have been built,” Geoff Smith, managing director of Experis, said.
“For Experis we are gaining the expertise and insight of a niche player in a key sector and this fits into our longer term strategy for identifying specialist organisations that can strengthen our existing offer,” he added.
Triple Seven, which focuses on finding staffing solutions for the online betting and gaming industry, was pleased to gain access to Experis’ greater level of resources.
“Triple Seven has developed rapidly since its inception in 2007 and this investment and access to first-class infrastructure will allow us to leverage Triple Seven’s sector expertise and Experis’ global footprint,” Michael Cleavely and David Hood, co-founders of Triple Seven, said in a joint-statement.