Macildowie acquires Signet Resources

Nottingham-headquartered recruitment and retention consultancy Macildowie has announced the latest step of its long-term growth plan with the acquisition of Signet Resources.

Founded in 2003, Maidenhead-based Signet Resources specialises in delivering permanent and interim recruitment & resourcing solutions in HR, marketing, accounting & finance and commercial operations.

The deal will see Macildowie acquire 100% of the shareholding of Signet, and Signet’s team, led by managing director Nicky Pusey and director Vanessa Pegg, will join Macildowie Group’s 75 strong workforce, a Macildowie statement said.

Commenting on the acquisition, James Taylor, CEO of Macildowie, explained that ‘Building Great Futures’ “is a key part of Macildowie’s vision. We believe that this acquisition will enable both companies to deliver an even greater breadth of service to their already loyal customers and clients, while also enhancing the long-term career opportunities of all of our employees”.

Macildowie chairman John O’Sullivan has known both businesses for many years. O’Sullivan said: “Both Signet and Macildowie are part of the Elite Leaders recruitment network, which I chair. When Macildowie started looking for a possible acquisition Signet sprang to mind immediately. I knew that the directors, Nicky, Vanessa, James and James would make an unbeatable executive team.

“They share the same passions for excellence and the wellbeing of their people. The fact that the operations of the two businesses fit like a glove made this a no-brainer.”

Pusey, MD of Signet Resources, said: "Over the past 18 months Signet has grown significantly but we still felt that there was a lot more potential for the business. Having known John O’Sullivan for over 10 years when he approached us about a conversation with the Macildowie board we decided that we should explore the opportunity.”

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