Shareholder restructuring of Orion Electrotech

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Shareholder restructuring of Orion Electrotech2018-02-28T16:25:59+00:00

Project Description

HMT LLP advised Sterling Recruitment Limited (“Orion”) on its shareholder restructuring. As part of the transaction, shareholder Keith Taylor exits the business which will continue to be led by existing shareholders Chris Benham and John Waters.

Orion is a highly successful provider of contract and permanent recruitment services to customers across a range of sectors including Gas, Engineering, Aerospace and Construction. The business operates from offices in Reading and Aylesbury.

Andrew Thomson commented:

“We are delighted to have advised on this restructuring, which both allows Keith to retire and secures the future of the business under its existing management. We wish the business every success and look forward to working with them again in the future.”

John Waters commented:

“We are grateful to HMT for their assistance in ensuring that the process progressed quickly and efficiently, providing a successful outcome for all parties.”