Hartmann Young, a UK-based life sciences recruitment firm, has completed a management buyout with founder Andrew Buxton, reports TheBusinessDesk. Hartmann Young will see the management team of Tom Maskill, CEO, Sheridan White, CRO, and Ben Paice, COO, take majority ownership.

The deal, for an undisclosed sum, is designed to provide a platform for global growth. The firm plans to recruit people from diverse backgrounds and is developing a range of career paths, from apprenticeships to retraining. “One of our key goals is to create opportunities for people in the region,” Maskill said. “For now, we are focusing on providing career opportunities in Leeds through various pathways, and we will be sharing exciting plans on this in due course. Expansion beyond Leeds forms part of the long-term plan, so very exciting times lie ahead for our team.”

“I’ve known Tom for years and bringing him into the business has helped to accelerate its growth,” Buxton said. “The MBO allows him, with the support of a super talented management team, to take the business to the next level.”

Tags: UK, mbo, recruitment