Corporate Team advises on MBO of CY Executive Resourcing

27 Oct 2020 | Under Latest News | Posted by | 0 Comments

Deal Update: MBO – Corporate Team advises on purchase of CY Executive Resourcing by management. 

We are pleased to have acted as legal advisors to the management team of CY Executive Resourcing Ltd,  a specialist recruitment company in the finance and accounting sector.

The new owners of CYER are Vural Aglamaz, deputy chief executive and business directors Kurt Rimell and Andrew Vaughan.

The company is currently celebrating its 20th anniversary having been founded by the vendor Mrs. Cynthia Parker.

Mr Aglamaz speaking on behalf of the management team said:

“We’re hugely grateful to Cynthia for the work she has done to build and maintain such a reputable and successful business.  The company still includes many of the same core people, and this will ensure its exceptional depth of knowledge and quality services are continued for all our customers.”

BHL’s corporate team was led by managing director, Andrew Bradley, supported by Amar Mehta and Charlette McDermott.

Andrew said:

“Vural, Kurt and Andrew have been a pleasure to deal with during the transaction.  We wish them every success with the acquisition and we are sure the company will move from strength to strength under their ownership”