Ellis Recruitment Group Secures £10 Million Minority Stake Investment from Mobeus Equity Partners
London, Dec 2023 — Ellis Recruitment Group, a specialist IT recruitment firm operating globally from the US, UK, and Ireland with a focus on SAP and Oracle technologies through its Oracle Contractors and SAP Contractors brands, proudly announces a transformative agreement with Mobeus Equity Partners, a leading London-based Private Equity Investor.
In a strategic move poised to redefine the landscape of the company, Ellis Recruitment Group has successfully partnered with Mobeus Equity Partners which sees Mobeus investing £10m for a minority share in the business. This strategic partnership is set to position the organisation at the forefront of innovation and growth within the dynamic realm of SAP and Oracle recruitment.
Jason Howlett, CEO at Ellis Recruitment Group
“We have always been committed to delivering unparalleled expertise in IT recruitment, particularly in the specialised domains of SAP and Oracle. The infusion of £10 million in capital from Mobeus Equity Partners will empower us to further elevate our services, expand our reach, and importantly as a people driven business invest in the best IT recruitment talent to drive international growth” stated Jason Howlett, CEO at Ellis Recruitment Group.
The investment from Mobeus Equity Partners will foster strategic initiatives, including the attraction of IT recruitment professionals to join its growing team, geographical expansion, and the continuous development of specialised services within the SAP and Oracle domains. Ellis Recruitment Group is poised to leverage this partnership to solidify and expand its position as a go-to resource for top-tier SAP and Oracle talent.
“We are delighted to partner with Ellis Recruitment Group, a company that has consistently demonstrated expertise and innovation in IT recruitment, particularly in SAP and Oracle technologies, that serve the critical business and IT needs of some of the world’s largest organisations. This investment aligns seamlessly with our commitment to supporting visionary companies and driving positive change in the sectors they serve,” commented Richard Babington, Partner at Mobeus Equity Partners.
As organisations increasingly rely on cutting-edge technologies like SAP and Oracle, Ellis Recruitment Group is strategically positioned to meet the growing demand for skilled professionals in these areas. The collaboration with Mobeus Equity Partners is a testament to Ellis Recruitment Group’s commitment to staying at the forefront of industry trends and delivering unparalleled value to its clients.
This partnership is expected to catalyse growth, foster innovation, and create new opportunities for both Ellis Recruitment Group and Mobeus Equity Partners. The £10 million minority stake investment marks a significant milestone in the journey of Ellis Recruitment Group and underscores the confidence placed in the company’s vision and capabilities.
A further coup is the addition of Andy McRae as Chairman of the Board.
With a remarkable career spanning decades, Andy McRae is recognised as a true industry leader in IT recruitment. His wealth of experience, strategic acumen, and in-depth knowledge will undoubtedly bring invaluable insights to the Ellis Recruitment Group.
Jason Howlett commented “We are honoured to welcome Andy McRae to our team as Chairman. His proven track record and leadership in our industry align perfectly with our commitment to excellence, innovation, and growth”.
Andy McRae’s appointment comes at a strategic juncture for the Group as it, along with the support of Mobeus Equity Partners, aims to strengthen its position in the Oracle and SAP technology recruitment space. His guidance will play a pivotal role in steering the organisation toward new heights of success.
“I am excited to join the Ellis Recruitment Group and contribute to its continued growth and success. The SAP and Oracle recruitment sector is ever evolving, and I look forward to working with the talented team to drive innovation and deliver exceptional results,” commented Andy McRae on his new role.
As Chairman, Andy McRae will lead the board in shaping strategic initiatives, fostering innovation, and ensuring the Ellis Recruitment Group brands, Oracle Contractors and SAP Contractors remains at the forefront of the dynamic IT recruitment industry.
Ellis Recruitment Group is a prominent IT recruitment firm with presence in the United States and Europe specialising in SAP and Oracle technologies through its Oracle Contractors and SAP Contractors brands, the company is renowned for delivering top-tier talent solutions.
Mobeus Equity Partners is a leading London-based Private Equity Investor, known for its strategic investments in high-potential companies. With a focus on driving growth and innovation, Mobeus Equity Partners has a track record of supporting businesses across diverse industries.