Taking the top job
13 September 2012
More and more managers at recruitment companies are going for MBOs – but the timing and conditions need to be right
The recruitment industry may be facing tough times, but recent months have seen a minor vote of confidence in the future with a spate of management buyout activity. In May, the directors of Recruitment Solutions Group bought the company for £18m, a figure capped a couple of months later by the £19m paid for Leeds-based Ellis Fairbank by its joint MDs and finance...