The Leeds-headquartered will see the management team of Tom Maskill, CEO, Sheridan White, CRO, and Ben Paice, COO, take majority ownership.

The deal, for an undisclosed sum, will provide a platform for global growth, according to the company statement. The firm said it plans to grow by recruiting people from diverse backgrounds and is developing a wide range of career paths, from apprenticeships to retraining.

Maskill, CEO of Hartmann Young, said: “One of our key goals is to create opportunities for people in the region. For now, we are focusing on providing career opportunities in Leeds through various pathways, and we will be sharing exciting plans on this in due course. Expansion beyond Leeds forms part of the long-term plan, so very exciting times lie ahead for our team.”

Andrew Buxton, founder of Hartmann Young, said: “I’ve known Tom for years and bringing him into the business has helped to accelerate its growth. The MBO allows him, with the support of a super talented management team, to take the business to the next level.”

L-r: Sheridan White, Tom Maskill and Ben Paice

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.