Gateley plc, the AIM-listed law firm with a major office in Reading, has acquired Kiddy & Partners, a leading firm of human capital consultants specialising in assessment, talent management and leadership development.
From its London base, Kiddy partners with leading organisations in the UK and operates internationally in 25 cities across five continents. Kiddy’s client list spans 80 of the FTSE Global 500 and 20 of the FTSE 100.
Kiddy will continue to trade under its existing name, with all staff relocating to Gateley’s London office. Kiddy is a profitable and established business. In the year ended December 31, 2017, Kiddy generated pro-forma revenues from continuing operations of £2.4 million and operating profit of £213,000.
Established in 1972, Kiddy is a leader in its field delivering a comprehensive set of human capital consultancy services to businesses looking to improve the performance of their leaders and senior managers. Services include assessment & talent management – executive assessment for boards considering change, assessment of high-potential senior executives for development, management team due diligence and post-M&A management assessment; and leadership development – designing and delivering bespoke programmes to enable senior leaders to adapt and be successful in the context of their strategy and changing operating environment.
Michael Ward, CEO of Gateley, said: “This acquisition significantly broadens and strengthens our employment and people services offering. There will be clear opportunities for us to collaborate and deliver integrated advice and services to a broader set of large-scale employers and across a wide range of industries. Kiddy represents our first acquisition in the human capital sector, which when put alongside Global Mobility and our Entrust pension trustee operation, moves our business forward, offering employers a range of legal and consultancy services as their businesses require. This acquisition is in line with our stated plan and follows similar progress made in our real-estate group where high-value, niche, chartered surveying services now sit-alongside and complement our core legal offering.”