FSH Recruitment Solutions Ltd
Templine Employment Agency has completed the acquisition Stockton-on-Tees based recruitment specialist, FSH Recruitment Solutions Ltd, after just 10 months on the market.
Headquartered in Birmingham and with regional offices throughout the UK, Templine previously acquired Corinium Employment through KBS Corporate and the latest acquisition will see them expand into the North East whilst incorporating FSH’s current employee base.
FSH Recruitment was brought to the market as our client felt that it was time for fresh investment which would help to develop the business further as part of a much larger group. Interest in the opportunity was high amongst trade buyers, with Templine’s proposed earn out structure providing the most appealing exit for our client.
Matthew Sibley of KBS Corporate handled the deal on behalf of our clients and noted the excellent relationship we shared with them throughout the process which helped to ensure a straightforward transaction, allowing one of our clients to remain within the business for the foreseeable future.