The senior management team of Chesterfield-headquartered Essential Recruitment has acquired a majority stake from previous owner and founder Gary Wilson. 

The management buyout (MBO) team includes Marc Orli, Kristyan Rachael, Carl Wootton, Lisa Hadfield and Alison Wilby.

The firm manages temporary workforces for clients in the East Midlands and Yorkshire regions, operating from an eight-branch network supplying more than 1,000 temporary staff each week.

Nick Salmons and Julie Bennett of Barclays Bank provided the finance facility to support the MBO, while legal advice was provided by Nabarro, Sheffield, through Gareth Saynor and Caroline Walker, and Massers in Nottingham through Russell Thompson to the company and vendor. 

Meanwhile, Hawsons Chartered Accountants in Sheffield through Peter Wilmer and Peter Kennan provided financial due diligence and tax advisory services respectively.