H2 Equity Partners Fund V is pleased to announce that it has completed the acquisition of Search Consultancy Group Limited (“Search”), together with the management of Search.
Search, founded in 1987, is a leading UK recruitment business with 13 offices across the UK. It is headquartered in Glasgow and has a strong presence in Scotland and the North of England. Search employs a total of c.660 FTE of which c.460 are fee-earning. The company generated sales of c.£180 million during FY16 and has grown significantly in recent years. Please refer to www.search.co.uk for further information.
H2 Equity Partners plans to work closely with Search’s management to continue to build on Search’s strong market position and to deepen and expand the range of services and specialisms it provides to its 3,300+ client base. The ambitious growth plan focuses on a combination of expanding the number of consultants, further improving the already wide geographic coverage and selected bolt-on acquisitions.
H2’s investment will allow Search to continue to deliver excellent service to its clients and successfully realise its ambitious growth strategy.