Recruitment firm’s own M&A deal fits in to partnership

FINANCIAL recruiters Watson Moore capped an exciting half-year by getting involved with last night’s Rainmaker Awards 2015.

Following the merger with Axon Resourcing last month, the firm wanted to get more involved in one of the regions they cover.

Their footprint now expands UK-wide and in 2014 combined turnover from the two firms was nearing £14m. The merged firms now have a total of six UK offices.

David Colgrave, Director of Watson Moore in Yorkshire spoke to TheBusinessDesk.com about the merger, the future of the business, and why they thought the Rainmaker Awards worked for them.

He said: “Watson Moore have been around in the Yorkshire market for many years; operating at the core of the deal community, placing Finance Directors and CFO’s into many of the region’s successful growing businesses.

“The Yorkshire deal community has had some difficult years but is now vibrant and buoyant as evidenced by the region’s performance over the first half of 2015 and we’re proud to support this through our day-to-day operations as well as supporting the inaugural Yorkshire Rainmaker Awards 2015.

“We aim to be more than a recruiter and see our role as a trusted adviser to the Yorkshire business community.

“We’ve always had a presence here, and we want to see this grow along with the market. The decision to merge with Axon was to create something nationwide; a genuinely national business with the aim of being the “go to” recruiter for Finance Directors in mid market businesses where most of the work and growth in the UK comes from. We’re very passionate about this sector.

“Watson Moore’s strong regional presence and my Yorkshire roots and heritage mean that we want to build and develop a significant presence in the region.

“We’re keen to reach out to like-minded individuals, build our networks and relationships with investors, finance directors and corporate financiers and become part of fabric of that community.”

Watson Moore’s plans for the future in the region are ambitious.

Mr Colgrave said: “We’ll be a much bigger operation in a bigger office. The economic cycle is in positive phase, and the deal marketplace is expanding so we have ample opportunity for growth.