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

Metal Polishing Business
Fareham, Hampshire, UK Wide

Metal Polishing Supplies, a highly desirable ‘Run from Home’ opportunity established by our client in May 2008. The highly profitable business is now being offered for sale due to genuine health reasons and we strongly advise early enquiries to avoid...

Asking Price: £265,000
Turnover: £336,519

Butchers with Accommodation
Boston, Lincolnshire, UK Wide

The business is run and managed by our client, with the help of 11 full time members of staff, 6 being qualified butchers. The business is being sold as a Freehold opportunity with 2 x 1-bedroom flats above the premises, both of which are currently l...

Asking Price: £510,000
Turnover: £990,845

FREEHOLD


MOT Garage
Andover, Hampshire, UK Wide

The business runs as a vehicle repair garage offering a range of services. The garage offer classes 1, 2, 4, 5 and 7 up to 3.5t light commercial MOT’s. Much trade is from garages that don’t have MOT bays themselves. The garage also offers repairs for...

Asking Price: £324,950
Turnover: £363,844

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
12
 
Nov
 

MBO at Gloucestershire bricklayers | MBO/MBI

Gloucestershire building services firm Cavendish Park Brickl...

 
07
 
Nov
 

Successful MBO at Homefair Blinds | MBO/MBI

Homefair Blinds has been acquired in an MBO led by a trio of...

 
06
 
Nov
 

SKS completes four acquisitions | BUSINESS SALE

SKS Business Services has announced the acquisition of four ...

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