Birketts advises PSI on acquisition of shares


31 October 2019

President of PSI International, Janet Garcia

Top 100 law firm Birketts, has advised industry leading company, PSI International Holdings Ltd (PSI), on the acquisition of shares of specialist human resources business, Cubiks Group Limited, for an undisclosed amount.

With multiple subsidiaries across 13 different jurisdictions worldwide, expert international human resources consultancy Cubiks Group Limited, offers a range of personalised talent management solutions, specialising in people analytics.

The deal was led by James Allen and Corinne Spencer (Corporate) with assistance from various other specialists across the firm, including Lisa Gray (Diligence) and Karl Pocock (Tax).

Janet Garcia, President of PSI’s International division, commented: “This acquisition marks the most recent phase of PSI’s continued growth in the EMEA. As Cubik are an employee- owned company, this was a complex project, requiring that shares be drawn from over 100 separate sellers. But, once again, we were impressed by Birketts efficiency, managing this complex transaction ably, working across teams to bring matters to a successful close. Their knowledgeability and client service throughout the process was second to none.”

Leading Partner James Allen, concluded: “We were delighted to work with PSI once more in helping them to secure this significant acquisition. As they take the next step in their strategic plan, we look forward to seeing the company go from strength to strength.”