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.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
Apprenticeships: Lower standards risk safety
Keeping it reel: Creating video in an authenticity era
Budget: Creating a more vibrant market economy
Celebrating excellence and community support
The value of nurturing homegrown innovation
A dynamic, fair and innovative economy
Navigating the property investment market
Have stock markets peaked? Tune out the noise
Will the Employment Rights Bill cost too much?
A game-changing move for digital-first innovators
Confidence the missing ingredient for growth
Global event supercharges North East screen sector