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Announced

Completed

Mobeus completed the investment in Ellis Recruitment Group.

Financials

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Transaction Value-
Consideration TypeCash
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United Kingdom

specialist IT staff

IT Services: Other

Acquisition

Domestic

Minority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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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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