MBO frees consultancy from US parent
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Butler International product story
Edited by the Engineeringtalk editorial team
Oct 29, 2003
Specialist technical recruitment consultancy Butler International (UK), has performed a management buyout (MBO) from US-based parent company, Butler International.
Specialist technical recruitment consultancy Butler International (UK), has performed a management buyout (MBO) from US-based parent company, Butler International.
The MBO, led by the existing management team, frees up the business from the constraints of working within a global organisation and allows access to the resources required to fund an ambitious five-year expansion programme.
Butler International (UK) provides bespoke contract recruitment solutions for customers in highly technical disciplines requiring a flexible workforce or where a skills shortage exists.
The company operates across numerous industries including aerospace, pharmaceutical, defence, rail, oil and gas, plus electronics, and counts many blue chip businesses such as Honeywell, Thales, Novartis, Invensys and KLM among its clients.
Expansion plans include adding value to existing client relationships with an enhanced service offering, acquisition of complementary businesses, and organic growth created by further inroads into new market sectors.
Dave Leyshon, Managing Director Butler International (UK) says: ''Our ultimate aim is to achieve a market leading position in technical recruitment, not just in the UK but within strategic locations across Europe.
Our culture will always remain fundamentally entrepreneurial, and by focusing on the business basics of service excellence, innovation and people quality, we are quietly confident that we can achieve our long term financial goals".
Dave Kennedy, Finance Director comments: "In the past we suffered from underinvestment from the US parent.
We now have substantial funds at our disposal, which combined with an effective strategy, will allow us to realise our true potential".
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