Acquisition of ConinghamLee and Associates by CSG Holdings
In November 2014 CSG Holdings acquired executive search firm ConinghamLee and Associates to bolster its workforce management division and to grow their footprint in the financial services sector. The acquisition serves to reinforce a number of synergies between the companies as ConinghamLee specialises in permanent white-collar recruitment primarily in the financial and engineering industries. “We look forward to joining the CSG group of companies and believe our clients will enjoy a more robust service offering while still benefiting from the specialist recruitment service we are known for” says new managing director for ConinghamLee, Liezl Watson.
CSG Holdings Limited, an ALTx listed company, is a one-stop non-core outsourcing group with a national footprint, focusing on labour intensive services. In order to reduce the overhead cost and management burden on companies, CSG provides a wide range of labour intensive services that, although vital to optimal business growth and performance of a company, are often overlooked.