fds Advises on the Management Buyout of Castle Employment

2 November 2021 |
by Rachel Gill

fds, an award-winning corporate finance firm, has advised on the management buyout of a Yorkshire-based recruitment and HR company.

Castle Employment is an award-winning recruitment company with bases in Scarborough, Hull, Leeds, and York and provides nationwide recruitment and HR solutions.

Benefiting from over 50 years’ experience, Castle delivers temporary, permanent, and contract recruitment solutions for businesses and has long-term partnerships with both clients and job seekers.

Kerry Hope, Castle’s Managing Director, is pleased to announce the details of a change in ownership of the company, having now acquired all the shares of the business.

Suzanne Burnett, previous MD from 1997 – 2017 and later Director, will remain with the business as a consultant, providing support to Kerry and the team.

Kerry is excited to expand on Castle’s position in the market and commented: “These are exciting and challenging times for the recruitment industry, we’re determined the take the opportunity with both hands and write the next chapter in Castle’s story. Thanks to FDS for their ongoing support”.

Poonam Kaur, Managing Director at fds Director Services, led the management buyout alongside Jo Haigh, said: “Jo and I are delighted that we were able to support and advise on the management buyout for Kerry and Suzanne. We have no doubt that Kerry will continue to build on Castle’s success and take the business to the next level”.

Please click the links to learn more about succession planning, including selling your business or a management buyout, or please click here to schedule a private call with Poonam Kaur.

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