Wednesday, February 24, 2021

MBO completes at Nottingham recruitment firm

Nottingham-headquartered recruitment firm, Blusource has been purchased in a management buyout (MBO) by three of its directors.

Greg Emmerson, Bjorn Jones, and Dan Rogers have bought the business, which was set up in 2008, from founder Andrew Springhall.

Blusource specialises in accountancy and finance, HR and professional office recruitment.

The team is now planning to embark on a recruitment drive, potentially creating four positions in the next few months.

Commenting on the MBO and plans for the future of Blusource, Greg Emmerson said: “The pandemic allowed us to reflect and communicate as a management group on what our clients and staff will need from us going forward, and we were keen to take full control in order to make the changes and investments required.

“Our immediate plans are focused on hiring new people into each team during Spring 2021, adding resources in an increasingly busy market and allowing us to support our clients at all levels, as they seek the best quality staff during the recovery.”

Greg added: “We enjoy deep relationships with our customers, forged in many cases for over 20 years, so want to ensure we have the right team in place to assist job seekers and employers in accountancy, finance and HR. Our current office in central Nottingham will allow for that growth and blended home and office working has allowed us to remain very responsive to our customers and will continue to do so.”

Advisors supporting the MBO, which completed on 8 February, included Actons Solicitors, Massers Solicitors, and Smith Cooper Accountants and Tax advisors.

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