Teesside tech staffing firm to create jobs following management buyout
A North East specialist engineering and technical staffing company is set for expansion following a management buyout by two of its senior team.
Teesside-based Techconsult UK has been acquired by managing director Steve Guest and finance director Sarah Taylor for an undisclosed sum.
Originally part of Norwegian-company Techconsult Norway, the firm is based at petrochemical and process hub Wilton International.
The new owners have unveiled plans to implement a three-year growth strategy - which will include job creation and expanded service - with the support of North East-based business advisor Gary Lumby and the team at Ryecroft Glenton Corporate Finance (RGCF).
Steve Guest, managing director of Techconsult UK, commented: “Completing the management buyout creates a great opportunity to further grow our business and increase the scale of operations in our key sectors.
“We are very proud of the reputation we have built across UK industry, which will provide a springboard to the next stage of development of the business and include the creation of additional employment and new opportunities for our candidates and clients.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
The real value of AI is the time it gives back
Breaking the magnetic pull of London
AI scepticism is healthy. Inaction isn't.
What does NPPF mean for site price and planning gain?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?