Hanover Search Group Announces Management Buy-out
The Hanover Search Group has announced a change of ownership by way of a management buy-out.
Patrick Field has sold his majority stake in the business to James Emmett for an undisclosed sum.
Mr Emmett will assume the responsibility of Group CEO and has invited Paul Groarke and Stephen Phipps to join the new board. Both Mr Groarke and Mr Phipps were previously managing directors of the Asset Management & Financial Services business respectively. Mem Kortach also joins the new board as Finance Director.
Mr Field will operate within the private banking sector in an advisory role for the foreseeable future.
Mr Emmett will continue to spearhead plans to expand the business globally, including further development of the UK, Americas and South Africa businesses and the opening of new offices in Europe, the Middle East and Asia.
search-consult is published by Dillistone Systems, supplier of FileFinder Executive Search software. Dillistone Systems is part of Dillistone Group Plc, as are Voyager Recruitment Software and FCP Internet, supplier of the Evolve Recruitment Software SaaS system.