nGAGE acquires GCS Recruitment Specialists

Recruitment group nGAGE Specialist Recruitment has acquired technology staffing specialist GCS Recruitment Specialists. GCS operates from London, Reading, Dublin and New York.

nGAGE group CEO Tim Cook, who supported existing GCS’s management team in its buy-out from founder Chris Bartlett (group CEO), said the move would help nGAGE begin its international “adventures”. Cook said: “New York is a very cool place to do business and Dublin clearly is a gateway to Europe regardless of what Brexit brings. I'm genuinely thrilled at this latest addition to the group.”

Commenting on the deal, GCS managing director David Bloxham said nGAGE would provide “significant” capital enabling the firm to expand both its UK and international businesses, adding: “The growth of the business under the guidance of our founder Chris Bartlett has been significant but this move will allow us to move into a different league. As a team this is our opportunity to double the size of GCS and achieve something very special."

Along with Bloxham, the MBO was supported by sales director Lisa Forrester and the GCS senior management team, who will all continue in their roles.

Due diligence was carried out by RSM Corporate Finance, with legal advice provided by Mishcon de Reya and Boyes Turner acting for Chris Bartlett.

• Want to comment on this story? Email us at recruiter.editorial@redactive.co.uk or tweet us below to tell us your thoughts. We will run comments online in a round-up at the end of the week.

Email story to a friend

FINANCIALS: Gattaca sees rise in profits

Engineering and technology recruitment company Gattaca has seen growth in net fee income of 12% compared with the same six months last year.

Financials 19 April 2018

FINANCIALS: RTC Group confident of its trading prospects

RTC Group is trading well, according to a company statement released ahead of its annual general meeting today.

Financials 18 April 2018

NEW TO THE MARKET: 16-20 APRIL 2018

This week’s launches include: Airport Placements Ltd, Airswift, Arctic Shores, Berwick Partners, Coresco, GBG, Heidrick & Struggles, HR Certification Institute, Insight Global, Microdec

New to Market 17 April 2018
Tech and Tools Video Conferencing iStock

Video-led interviewing

The latest megatrend or still to get going?

16 April 2018
Top