LONDON - Top City legal recruitment specialist, QD, has been sold to the global recruitment company, TMP Worldwide Inc.
The acquisition by TMP of some 900,000 plus shares valued at £45.5 million, gives the QD recruitment businesses a global reach and more importantly the opportunity to tap into internet recruitment through TMP's monster.com.
McDermott Will & Emery represented QD.
Majority shareholder and joint founder of the QD Group, Gareth Quarry, said: "McDermotts were a great team for us. Not only are they high quality lawyers, but they also get to grips with the issues and are good on client service. And they were fun to work with, something that makes all the difference when everyone is tired and there seems to be just so much paper to get through."
TMP Worldwide was represented by Orchard solicitors.