Staffgroup, Earthstaff’s parent company have announced that they have been acquired by multi-brand recruitment giant, Cordant Group.
Earthstaff will continue to operate as normal under the leadership of founders Mark Znowski and Paul Flynn.
Commenting on the takeover, Staffgroup’s joint managing directors said:
“Staffgroup will benefit from the financial backing and clout of Cordant Group, giving it significant new investment and resources to accelerate its growth plans. Both companies have committed to increasing their headcount significantly as part of the deal.”
Sid Barnes, Managing Director of Professional Staffing, Cordant Recruitment, says:
“When I joined Cordant at the start of the year, one of my major ambitions for Professional Staffing was to establish a significant and mainstream presence within the IT and technology sector in the UK, Europe and the U.S. Today’s deal gives us a platform to do that.”
“I’ve known Mark and Paul for over 17 years and watched with admiration as they have grown their business into a truly impressive operation. We have often talked about working together and when I joined Cordant, it became apparent that there was an immediate fit operationally and strategically, but also in terms of the personalities, the people and the culture. I am extremely excited about the opportunity that this deal offers and we will be making a further announcement soon about another significant development which adds even more to our portfolio of services.”
Steven Kirkpatrick, CEO of Cordant Recruitment, comments:
“We have made no bones about the fact that we want to be the number one recruiter in our specialisms both here in the UK and internationally, as well as the go-to destination for talented recruitment professionals. This is a significant step to realising our ambitions and securing another significant foothold on the international recruitment stage.”
About Cordant Recruitment
Cordant Group operates in both Facility Services and Recruitment. Cordant Recruitment is the Top 10 Recruitment Giant.
Cordant Recruitment is the second largest privately owned recruitment company in the UK and part of Cordant Group PLC, a recruitment and facilities management service provider, with an annual turnover of £620 million and ranked 15th in The Sunday Times Grant Thornton Top Track 250 League Table (2014). Founded in 1957 by Jack and Harry Ullmann, the Cordant Group is entirely-family owned and is today headed up by Grandson and CEO, Phillip Ullmann This ownership structure enables it to be more agile than its competitors to changing market conditions.
The company consists of 13 individual recruitment brands across a range of sectors including engineering & technical; medical; scientific; retail; sales & marketing, and contact centres – with each recruitment brand a specialist in their industry. Cordant recruits across a variety of roles in all departments and at every level, from C-level executives, to general staffing and permanent and temporary positions. The company is now aiming to become a global player in the international recruitment market.
For more information visit: http://www.cordantrecruitment.com