This new acquisition now provides the newly-formed Search Group with a combined revenue of £220m and EBITDA in excess of £10m. It now has more than 750 staff working across 17 UK based offices.
Grahame Craswell, the CEO of Search Group said:
“This is the first acquisition we have undertaken since Search’s MBO and refinancing. It significantly enhances our capability in the technology space and gives us real market presence in London.
“Working alongside our existing tech and transformation vertical, we have some of the best expertise in the technology recruitment sector within our group.
“With strong relationships and an expert group of people in place, the business is well positioned for growth under our ownership and we are excited to help Mark develop the business as a key part of the Search Group.”
Bailey, the CEO of Henderson Scott added:
“This is an exciting time for both businesses. I am delighted that Henderson Scott has joined a Group with the ambition for growth as well as the infrastructure to continue supporting and developing our service offering and our people.
“Backed by the scale of the Search Group, including geographical reach, complementary technology expertise and experience across its verticals, we are very much looking forward to realising our potential as part of the bigger team.”