Concerto Group acquires staffing agency Lola

The Concerto Group has acquired a 50% stake in event staffing agency Lola Events, a deal which could see the company make huge savings on staff hire.

Concerto Group swoops for staffing agency Lola
Concerto Group swoops for staffing agency Lola

Lola becomes Concerto's first event staffing acquisition. The value of the deal has not been disclosed.

"With our continued focus on the development of our venue management and catering operations, this acquisition will allow us to expand our product offering, streamline our supply chain, lower costs and ensure better quality control," said Concerto Group chairman Mike Kershaw.

Lola was established by Duncan Mitchell and Dean Friday in 2007, and will gradually help bring a large part of Concerto's staffing requirements in-house over the next three years.

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