September 11, 2018 – London-based Search Consultancy recently acquired Henderson Scott, a specialist provider of executive search and recruitment solutions in the technology sector. The acquisition gives the newly created Search Group combined revenue of £220 million, with more than 750 employees across 17 U.K. offices.
This is the first acquisition Search Consultancy has undertaken since its management buy-out in May of last year. “It significantly enhances our capability in the technology space and gives us real market presence in London,” said Search Group CEO Grahame Caswell. “Working alongside our existing tech and transformation vertical, we have some of the best expertise in the technology recruitment sector within our group.”
Mr. Caswell noted that Henderson Scott has a reputation for exceptional service and an impressive network of specialist candidates, delivered by a high performing team that has kept abreast of innovation. “With strong relationships and an expert group of people in place, the business is well positioned for growth under our ownership and we are excited to help develop the business as a key part of the Search Group.”
Working across a range of niche markets in the public and private sector, Henderson Scott is a market leader in technology recruitment, with vast experience across the fast-evolving tech landscape. “This is an exciting time for both businesses,” said Mark Bailey, Henderson Scott’s CEO. “I am delighted that Henderson Scott has joined a group with the ambition for growth as well as the infrastructure to continue supporting and developing our service offering and our people.”
A Bigger Team
“Backed by the scale of the Search Group, including geographical reach, complementary technology expertise and experience across its verticals, we are very much looking forward to realizing our potential as part of the bigger team,” said Mr. Bailey.
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With a senior team boasting more than 50 years’ experience in IT recruitment, Henderson Scott’s core strength sits across six core markets: enterprise architecture, IT infrastructure and data center, enterprise cloud, digital and business transformation, cyber security and software technology.
Established in 1999 by Mr. Bailey, the business has offices in Amersham and London. Working with range of leading names in tech, the more than 50 staff base – under the current leadership team – will continue to grow the Henderson Scott business under its existing brand, operating as part of the Search Group, said Search Group. Mr. Bailey will also join the Search Group board as a part of the acquisition.
Converging IT World
With strength in London and a strong book, the Search Group board believes it is well positioned to develop Henderson Scott and leverage the group’s strength, providing access to its wider service proposition, the firm said. They also see opportunity for the wider search business to leverage opportunity for Henderson Scott via its people, relationships and reputation, to support future growth.
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“The converging world of IT continues to present exciting opportunities and with a rapidly expanding cloud market place the acquisition of this highly scalable U.K. business is a clear strategic fit for the group,” said Mr. Caswell.
Since Search Consultancy opened its first office in 1987, the firm has grown to become one of the U.K.’s leading recruitment firms. With offices in locations nationwide, the firm places people at all levels across a wide range of commercial and industry sectors. The organization, which started in Glasgow, moved south of the border in 2000. The business sectors it serves include: commercial, construction trades, global, healthcare, hospitality and catering, transport and industrial, technical and engineering, technology and transformation, and professional services.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media