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MANAGEMENT BUY OUT AT MACMILLAN DAVIES HODES

MANAGEMENT BUY OUT AT MACMILLAN DAVIES HODES

Macmillan Davies Hodes, the specialist HR recruiter has been acquired from parent company Bernard Hodes Group by existing Directors Angela Franks and Darren Hayman through a management buyout for an undisclosed sum.

“We are absolutely delighted to be acquiring such a well-respected and long standing brand in the HR marketplace,” said Angela Franks. Darren Hayman agrees and comments: “We’re really looking forward to 2012 and continuing to deliver the excellent levels of service we have become known for. And the great news is that with the existing management team taking over, it’s business as usual for all our clients and candidates.”

Commenting on the sale, Helen Rosethorn, Chief Executive of Bernard Hodes Group said: “We were keen to focus on our core business of employee communications, engagement and branding and then to discover that two of our leaders had the appetite to acquire Macmillan Davies Hodes and take that business forward was a perfect outcome. I’m delighted for Angela and Darren and wish them every success.  The two businesses will continue to be closely associated and to work together for clients and candidates as we have done for so many years.”

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