Molloy leads MBO for Energize Group

Energize Group has completed a management buyout (MBO) led by Craig Molloy, group managing director and co-founder.

Molloy has acquired the shares of fellow co-founder Gavin Jones to become 100% shareholder in the Energize Group. The MBO has been supported by funding from specialist lender Caple.

Through its four brands, the Energize Group provides niche IT and digital talent to customers across five countries, offering permanent and contract recruitment solutions, as well as a ‘Talent-as-a-Service’ subscription model. 

Energize is well-known for championing Net Promoter Score in the staffing sector to support its client and candidate service. The organisation has delivered continued growth since inception in 2006, and in 2021 is on track to achieve more than £17m of revenue from around 70 full-time employees. 

The business is set to achieve the next stage of growth by expanding its offering in the current territories, with a specific focus on the US and Germany. The experienced senior management team is committed to achieve the vision while staying true to its purpose of ‘world-class’ customer service and employee development.

Providing corporate finance advice to Molloy was Newcastle-based RGCF led by Carl Swansbury, Rhiannon Nightingale and Tom Cosby. Transactional tax advice was provided by RG’s Simon Whiteside and Simon Hopwood. Legal counsel for Molloy was provided by Paul Wigham and Kirsty Adamson of Weightmans.

Providing Jones with legal advice was Ian Brent at Fladgate, with corporate financial advice via Azlan Advisory managing director Sohail Ahmed.

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