UK-based specialist marketing recruitment agency EMR Search & Selection Limited announced that it has been acquired by IPE Ventures, the private equity arm of the IPE Group, from the Five Ten Group.

No financial details of the transaction were disclosed.

EMR, founded in 1994, provides marketing, digital, communications and investor relations professionals at all levels on a permanent, temporary and interim basis. The group said it offers industry expertise with the “personal touch of a boutique consultancy.”

EMR Managing Director Serrol Osman commented, “We are extremely excited to be joining the IPE Group. The acquisition will both support and expedite our growth; the business has substantial potential to be realised and this will energise the EMR team to fulfil our strategy. I look forward to working with IPE and continuing to lead our expansion”.

According to IPE Ventures, this acquisition adds further strength and diversification to its recruitment portfolio.

“It’s a key acquisition for the group and we are delighted to welcome Serrol and his team into the IPE Group,” IPE Ventures stated.

The deal was led by Adam Fletcher and Enam Rehman on behalf of IPE Ventures, supported by Gateley and Haslers Corporate Finance. Five Ten was advised by Blackwood Capital.