Michelmores' London Corporate team advises management and investors on a buy-out at HR tech provider Hollaroo
The London-based Corporate team at Michelmores, comprising Partner Ian Binnie and Solicitor Edwin Richards, advised on the management buy-out at Hollaroo. It was led by new CEO Hugh Fordham, formerly Chief Technology Officer.
Hollaroo provide innovative technology, used by leading employers around the world to leverage formal and informal networks to identify, engage and hire talent. Hollaroo reports that its customers have seen a considerable improvement in key hiring metrics.
The Hollaroo board has been strengthened with the addition of Jeremy Eagles, an executive in the employee benefits and insurance sector; Mike Biddulph, an investor in early stage/growth technology businesses and Adam Maidment, a private equity executive.
Hugh Fordham commented:
"It has been fantastic working with Michelmores throughout the buyout process. The team at Michelmores have been extremely supportive and added huge value to the project. Hollaroo has a really exciting future, and I am personally looking forward to working with a fantastic Board. There has never been a more exciting time to work at the intersection of talent and technology."