Atkinson’s The Head Group buys Change Recruitment
Recruitment business The Head Group, owned by venture capitalist and investor Paul Atkinson (below), has acquired specialist international recruiter Change Recruitment for an undisclosed sum.
In a statement, released this morning, the firms revealed the transaction would see all staff retained, bringing together four recruitment names in one business.
The Head Group will now comprise four distinct businesses: Head Resourcing, Head Medical, Atkinson MacLeod Executive Search, formed earlier this year, and Change Recruitment, each of which will continue to operate under its own brand.
Commenting on the deal, Atkinson (pictured above), who takes the role of group executive chairman, said: “The recent formation of Atkinson McLeod together with our acquisition of Change, complement existing investments in Head Resourcing and Head Medical. Together, we are working on an ambitious business plan and by handpicking the best businesses to join us, we are targeting revenues of £100m by 2020.”
The combined group will now be able to operate across IT, digital and business change; medical (UK & International); executive search; accounting and finance (UK & International); investment and risk; banking and insurance operations; marketing; engineering and technical recruitment.
The deal also sees Head Group financial director Callum Lyle assume the role of chief operating officer at The Head Group.
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