MBO for engineering recruiter Project EMC

Wed, 13 Jul 2016 | MBO/MBI

Project EMC, an engineering recruitment agency based in London and with operations in Fleet, Hampshire, has undertaken an management buyout (MBO) deal.

Majority shareholder and managing director Colin Edge has bought co-founder John White's shares in the business, in the MBO. Mr Edge and the company sought advise from Ryecroft Glenton Corporated Finance on the successful deal.

Founded in 2007, Project EMC sources and places candidates within the rail, highways, energy, construction, telecoms and utilities, among other related sectors.

Under its new ownership, the company will embark on a three-year growth phase to focus on new work areas, geographical expansion and increasing its workforce.

Mr Edge told Insider Media: "We have experienced a successful first decade in business, which has positioned Project EMC as a trusted and effective service company in the industry sectors in which we operate. 

"I am very proud of what John and I have achieved with the support of our team, which will provide a platform for future growth.

"We are now in a position to implement a new three-year business plan, which will enable companies in complementary sectors and more areas of the UK to access our established and proven consultancy services."

Search for a recruitment agency for sale


Share this article



Latest Businesses for Sale

Indoor Trampolining Adventure Park
Telford, Shropshire, West Midlands, UK

Indoor trampoline park offering a wide variety of activities including, dodgeball, battlebeam, jump tower, interactive wall, bouldering wall, inflatables, Ninja warrior, basketball, toddler area, mini football pitch, dance school, tricking classes, s...

Asking Price: £950,000
Turnover: £1,000,000

LEASEHOLD


Assets of a Removal Company (Fast Sale)
UK Wide

Viewing: Thursday 23 May 2019 between 9am and 12 Noon. (By appointment only). Closes From 12 Noon Tuesday 28 May 2019.

Asking Price: Offers Invited
Turnover: < £500k

Recruitment Agency
UK Wide

Formal offers for the business as a whole to be received no later than 12 noon on Friday 24 May 2019. An opportunity exists to purchase the business and assets of a Recruitment Agency Start-up Business.

Asking Price: Offers Invited
Turnover: £381,186


View more businesses for sale

News Search

Latest News

 
17
 
May
 

Greater Manchester staffing firm acquires security services company | BUSINESS SALE

A security services business headquartered in Newton-le-Will...

 
16
 
May
 

Midlothian IT company enters administration with assets up for sale | ADMINISTRATION

An Edinburgh-based IT firm has collapsed into administration...

 
15
 
May
 

Logistics recruiters and distributors snaps up Birmingham-based counterpart | BUSINESS SALE

Challenge TRG Group, headquartered in Wigan, has successfull...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources