XCE - Connecting Excellence Group has acquired James Gray Recruitment, a company specializing in recruitment. The financial terms of the acquisition were not disclosed.
XCE stated that James Gray Recruitment aligns with its acquisition model, describing the target as a profitable, specialist, founder-led recruitment business with strong relationships, an established team, and potential for growth.
Following the acquisition, James Gray Recruitment will maintain its brand, personnel, and operating independence. It will now operate with permanent capital, a listed platform, and the backing of the wider XCE Group. XCE characterized the deal as the first practical demonstration of its acquisition model transitioning from strategy to execution.