Clearwater International advises on the recapitalisation of pharmaceutical services provider CHASE

Clearwater International has advised the shareholders of Chase Search and Selection Limited (“CHASE”) on its recapitalisation, with investment provided by Vespa Capital.

The award winning business, established in 1998 by Chris and Judy Phillips, started life as a permanent recruitment agency serving the pharmaceutical sector. CHASE’s roots in permanent recruitment have been integral to its impressive growth in recent years as changing market dynamics have placed increasing importance on the ability to source high quality candidates quickly. Today, CHASE is the largest independent recruitment and contract sales organisation (“CSO”) in the UK providing specialist nursing and sales and marketing personnel to pharmaceutical, biotech and healthcare customers.

Vespa will support CHASE’s continued development; with investment in existing and new personnel and systems to promote further growth. They will also assist the company in its ambitions to deliver more solutions to the pharmaceutical, biotech and healthcare sectors.