Stockport-based digital recruiter, Fairmont Recruitment, have successfully completed a management buyout (MBO) with its main investor now stepping back.
Established in 2018 by Jack Donohue, the firm was backed by La Salle Corporate Chairman, Paul O’Reilly. Using the Covid-19 pandemic as an opportunity to step back from the business, Paul has now sold his stake in the business, giving Managing Director Jack full control.
The recruiter, based at Discovery House in Heaton Chapel, has built up a secure client base since its establishment, providing IT, digital and technology recruitment to blue chip organisations nationwide.
Paul O’Reilly said:
I am pleased for Jack and the success he has created. As an Investor, I feel my role is now fulfilled and with what is happening around us, I feel it is time for me to re-evaluate my own life and future. I wish Jack all the future success he deserves”.
Fairmont Recruitment MD Jack Donohue commented:
“Without Paul’s foresight and unique innovative approach, Fairmont Recruitment would not be the success that it is today.
Although we are amidst challenging times, Fairmont has a solid foundation and a core of blue-chip clients with whom, remotely, we have continued to work with closely over recent weeks. We look forward to continuing to fulfil their requirements. I am sure whatever Paul’s future; it will no doubt involve reducing his golf handicap and I equally wish him well”.
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