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Australia – Healthcare Resourcing Group sells Sugarman Australia to incumbent management team (The Business Desk)

27 October 2020

UK-based recruitment group, Healthcare Resourcing Group, formerly known as Castlerock Recruitment Group confirmed the sale of its subsidiary Sugarman Australia to its incumbent management team for an undisclosed sum, reports The Business Desk. Healthcare Resourcing Group, based in Prescot, Liverpool, acquired Sugarman Group and Sugarman Health & Wellbeing earlier this year, as part of an investment into Cordant Group by Twenty 20 Capital. Following an extensive restructuring, repositioning and change in strategy, Healthcare Resourcing Group confirmed the sale of the Australian group as a result of wanting to concentrate specifically on UK operations as opposed to international services. Sugarman Australia began operating in 2008. Gary Taylor, group chief executive of Healthcare Resourcing Group said, “The sale hasn’t been a decision we’ve made lightly, but we felt it best for HCRG to focus on UK operations going forward.”