SPS Group on the sale of ISS Labour to Private Investors
Undisclosed
Adviser to SPS Group on its sale of ISS Labour to Private Investors
Business Services
United Kingdom
Clearwater has advised Bradford-based SPS Group on the sale of its specialist rail recruitment and services division, ISS Labour, to its management team in a buyout backed by private investors.
ISS Labour is a multi-disciplined contractor with a service portfolio that covers track, trades, civils, OLE, signalling and telecoms along trackside lighting and safety barrier fencing. The business has been part of the SPS Group since 2013.
We have been pleased to see ISS Labour flourish over several years as part of the SPS Group. We are happy to have completed this deal, which we are sure will see ISS Labour continue to develop as a standalone business, under the ownership of its management team. We wish everyone at ISS Labour the best of luck as they embark on this new chapter.
It was a pleasure to advise SPS Group on the sale of its specialist division ISS Labour, helping the team achieve its goals for the future. We wish the entire team the best of luck on the next stage of their journey.
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