Announced
Completed
Financials
Sources
Tags
United Kingdom
specialist IT staff
IT Services: Other
Acquisition
Domestic
Minority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Mobeus, an institutional investor, completed the investment in Ellis Recruitment Group, a specialist IT recruitment consultancy. Financial terms were not disclosed. “We are delighted to be invited to play a key role in the next stage of Ellis’s development. Since its establishment in 2010, Ellis has rapidly grown to become the market leader in Oracle interim resourcing in the UK and is well on the way to achieving the same position in the US. We have formulated an aggressive hiring plan in both geographies to achieve this, with a view to more than trebling our recruitment consultant base over the next 5 years,” Richard Babington, Mobeus Partner.
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