FINANCIALS: Search Group growth boosted by Henderson Scott acquisition

Nationwide recruitment solutions provider Search Group has reported strong growth in net fee income year-on-year, according to 2018 results.

The group’s results, uploaded to Companies House this week, reveal turnover of £221m, up from £184m in 2017 and NFI of £52.8m, up from £41.2m.

The group’s results were boosted by the August 2018 acquisition of technical and IT recruiter Henderson Scott.

Commenting on the group’s performance, Search Group chief financial officer Stuart Dick said: “The acquisition of Henderson Scott was a significant development for the company, and almost a year on I am delighted with the positive impact of the acquisition, enhancing the group’s reputation in the technology space and bringing greater scale and reach.

“Against a backdrop of political and economic uncertainty, as well as increasingly complex and fast-moving regulatory changes, the UK employment market is one where skills shortages have never been more of an issue for business. I am proud of the role that Search plays, delivering value and expertise to its clients.”

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is recruiter.editorial@redactive.co.uk

MRG acquires PPA Global Search in Asia

UK real estate and construction recruiter The Management Recruitment Group (MRG) has acquired executive search firm PPA Global Search, its first international acquisition in the Asian market.

Contracts 18 November 2019

FINANCIALS: Prime People posts increase in revenue and profits

Prime People, a global group of specialist recruitment businesses in the built environment, engineering and IT sectors, has seen a rise in year-on-year revenue and net fee income.

Financials 15 November 2019

ALTEN hosts recruitment day in Derby to find engineers

Engineering and technology consulting specialist ALTEN is hosting a recruitment day in Derby for 100 engineers to work on an array of projects in the area.

12 November 2019

CONTRACTS & DEALS: 11-15 NOVEMBER 2019

This week’s contracts and deals include: Alltek, Fawkes & Reece, First Advantage, iKas International, Retorio, Sanderson, Workday

Contracts 12 November 2019
Top