EOT completed the acquisition of a 60% stake in Understanding Recruitment Group.

EOT, a form of employee ownership, completed the acquisition of a 60% stake in Understanding Recruitment Group, a technology, software and digital recruitment consultancy. Financial terms were not disclosed. “Today’s announcement is without a doubt the most significant and important one in our history. The Board has always been driven by creating an inclusive and rewarding culture and we feel strongly that the EOT will help further boost the already impressive growth performance and most importantly give all employees the opportunity to financially benefit from pay-outs ranging from six to seven-figures depending on their length of service and seniority," Chris Jackson, Understanding Recruitment CEO.