Monday 01 November 2021

Bakhchysarai Ireland (BIL) to acquire Vantage Resources

Bakhchysarai (Ireland) Ltd (BIL) is to acquire Vantage Resources, an IT contracting and talent acquisition business. The deal is subject to CCPC approval.

This is the third acquisition for BIL, the investment holding company created to execute a buy and build strategy of synergistic companies within the Irish/UK recruitment sector, on which RDJ has advised. The group’s current holdings include Brightwater Recruitment and PE global. BIL’s capital partners include Duke Royalty (AIM:DUKE) and Bank of Ireland.

Vantage Resources is an IT contracting and talent acquisition business that primarily sources specialist IT professionals on medium to long term contracts to clients. The company's service offerings include IT Contracting, Testing, Quality Assurance (QA) and Project Management with a particular focus on clients in the Government, Financial Services and ICT segments.

RDJ Corporate Partner Bryan McCarthy advised on the transaction supported by Sarah Slevin (Corporate and Commercial), Diarmaid Gavin (Competition), Elena Vassileva (Corporate and Commercial) and Mark Ludlow (Tax).

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