£30m Leeds executive search and interim management firm makes “exceptional" acquisition

Leeds based HW Global has today announced a further acquisition in the digital recruitment market after securing a majority shareholding in Osmii.

The London based development, cloud, and digital recruitment specialist, which was founded by Xavier Osipczak and Neil Mitchell in 2011, places senior talent into disruptive startups, major software players, and “game-changing brands” on a permanent, contract, and interim basis.

This latest acquisition takes the HW Global group, which also includes fast growing mid-market talent provider HW People launched last year, to £30m turnover with offices in Leeds, Manchester, and London.

HW Global’s executive search and interim divisions operate on an exclusive and retained basis in the £120k+ search market, also placing interims on daily rates from £700 to £2k.

CEO Spencer Jinks said: “Osmii is an exceptional business and fits perfectly within the HW Global group. Alongside Zebra People, Osmii will enable us to provide even greater support to our clients in the fast-moving digital and technology sectors that have quickly become a cornerstone of the global economy.

“Forming this strategic partnership is another key component in our growth strategy, offering clients end-to-end talent solutions on a global basis in targeted sectors of high growth, transformation and demand.”

The strategic partnership will facilitate mutual growth for both businesses, with HW Global forecasting a group EBITDA in 2022 of £3.7m, which will include the results of Osmii.

Neil Mitchell, director of Osmii, added: “Working closely with HW Global provides a springboard to further scale our business both in UK and international markets.

“We have built a strong reputation in the industry, which we can enhance further through this partnership, combining our capabilities with the expertise and global reach that exists in HW Global.”