The UK recruitment sector is ‘bucking the trend’ with M&A deal activity for the first six months of the year, recording its highest level since the ‘Covid bounce’ of 2021. Between January and June 2023, 19 transactions were completed. This was up from 18 in H1 2022, and 17 in second half of last year. This is despite an overall decline in total M&A deal volumes across all sectors in the UK during the same period.