XPS Pensions Group plc to acquire Austin Professional Resourcing LLP

XPS Pensions Group plc has agreed to acquire Austin Professional Resourcing LLP in a strategic acquisition valued at £16.3 million. The transaction, announced on 26 June 2026, involves a consideration structure comprising cash and deferred elements. Both parties are based in the United Kingdom, operating within the professional services sector. The deal represents a significant expansion for the buyer into the recruitment and resourcing market.

The transaction is scheduled to complete on 31 July 2026, subject to the conditions precedent outlined in the agreement. While the initial announcement was made in June, the final closing is expected to occur in late July. The parties have confirmed their firm intention to proceed with the acquisition, pending the satisfaction of all regulatory and contractual requirements. The deal remains subject to regulatory approval before the transaction can be formally concluded.