Osborne Clarke has advised Phaidon International on its £18m raised investment from Muzinich & Co and HSBC Bank Plc.

London-headquartered Phaidon is an international micro-specialist recruitment group with significant operations in the US and Asia. The investment means Phaidon can continue its global expansion into new markets, as well as enable the management team to realise some of the value of the business they have built up, and reward and incentivise new management for the company’s next phase of growth.

The Osborne Clarke team that advised on the transaction was led by Associate Director Matthew Bodfield and Partner Dominic Ross. They were assisted by recruitment sector specialist Kevin Barrow, and Corporate Associates William Nicolson and Claire Ferrary. Koh Vass & Co, the formal Association firm of Osborne Clarke, provided support in Hong Kong.