Welsh recruitment firm completes MBO

Tue, 12 Apr 2016 | MBO/MBI

A recruitment firm based in Neath and Bridgend, both in Wales, has been subjected to a successful management buyout (MBO), reports Insider.

Jennifer Griffiths Recruitment (JGR) has been purchased from the company director Jennifer Griffiths by the Neath office management team, made up of Daniel Edwards and Hayley Phillips.

The pair have been managing the Neath office for 15 years, and have stepped in to acquire the recruitment firm after Jennifer Griffiths, who founded the business from home in 1969, decided to retire after 47 years as company director.

New co-owner Daniel Edwards commented on the MBO: "I can see real potential for the future of JGR. We can build on the fantastic reputation we have within the industry. Jen's retirement was a catalyst for myself and Hayley to step forward and develop the company and our careers.

"We're enthusiastic to maintain and build on the service that JGR is renowned for, due to Jennifer's hard work ethic within the business."

Retiring director Jennifer Griffiths added: "I am delighted that Dan and Hayley are taking over. They have been with JGR for 15 years and I'm confident they will carry forward our strong values and professionalism, honesty and service delivery. The staff already hold them in high regard, which should be the making of an 'invincible force' in this industry.”

JGR has been based on Nolton Street in Bridgend for close to 50 years, while its Alfred Street operation in Neath has been in business for around 30 years.

JGR, which is the longest-running independent recruitment company in South Wales, sources employees for more than 100 companies based in the region, from Carmarthen to Cardiff.

Buyers can view other recruitment businesses for sale here.


Share this article



Latest Businesses for Sale

Luxury Kennels & Cattery
Yorkshire and the Humber, UK

Luxury kennels and cattery with professional grooming parlour (licensed for 142 dogs and 26 cats) in Peterborough for Sale. An opportunity to acquire this luxury kennels and cattery with stunning spacious four bedroom detached residence which must be...

Asking Price: £1,500,000
Turnover: £522,542

LEASEHOLD


Haulage Business
South Wales, Wales, UK

The business has been established for a number of years and has been owned and operated by the founder since that date. Offers invited.

Asking Price: £850,000
Turnover: £2,595,443

FREEHOLD


Bar & Function Room
Ilkley, Yorkshire and the Humber, UK

Situated in the heart of Ilkley town centre just off the busy Brook Street. The yard is a stylish bar offering a wide range of drinks, good, quality food, music with varied DJ’s and live artists all encompassed in an interesting layout. Offers invite...

Asking Price: £775,000
Turnover: £600,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
22
 
Mar
 

Scunthorpe nightclub up for sale | BUSINESS SALE

A former nightclub based in Scunthorpe has been put up for s...

 
21
 
Mar
 

Kent Logistics provider completes a successful acquisition | BUSINESS SALE

A Kent-based personalised logistics provider, backed by Livi...

 
20
 
Mar
 

Warrington construction company enters administration | ADMINISTRATION

A prominent construction business headquartered in Orford Gr...

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