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Barclays Ventures backs Huntress

Barclays Ventures backs Huntress

The Board of Huntress are pleased to announce that Barclays Ventures has acquired a substantial stake in the company reflecting their high level of confidence in the business and the recruitment sector. Barclays Ventures is now a significant shareholder in Huntress alongside Nomura and management.
The backing of Barclays Ventures is a significant milestone for the company and has encouraged the board to consider their own priorities. Gary Laurence has decided that this is a good opportunity to step back from his position as CEO of Huntress with immediate effect.
Stephen Ross (Chairman) commented "I would like to thank Gary Laurence for his invaluable contribution in founding and building a highly respected business and wish him well for the future. We are extremely pleased to have Barclays Ventures on board as a significant shareholder and are confident that this backing provides a strong platform to develop the business further".
Huntress is a leading white collar recruitment company providing recruitment services to SMEs and Blue Chips, including a significant number of FTSE100 companies, in the areas of Commercial, Technology, Accounting and Finance and Financial Services staff. Huntress was established in 2000 and achieved revenues of 85m in 2008.

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