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The FISER Group invests for future growth through a majority-female led MBO

• Article by BRUIN Financial

The FISER Group invests for future growth through a majority-female led MBO

PRESS RELEASE

The FISER Group, which consists of specialist financial services recruiter BRUIN Financial, consulting business IBAM Consulting and executive search firm LUDGATE Search has recently been bought by management. This corporate transaction, which is accompanied by new banking facilities to facilitate further investment, will see the business enter a new phase of growth, including expansion into new financial services sectors, into additional resourcing solutions and further development of the UK business, with a particular focus on building out our nationwide services which has been led by client demand.

Colin Webster, co-founder of FISER in 2010, led the MBO and is the new Chief Executive moving forward. He commented, “Everyone here has worked exceptionally hard over the past seven years to build The FISER Group into what is now a market leader in financial services human capital solutions. This change has been planned for some time and is an exciting moment both for the business and the management team, with ambitious plans in the pipeline.”

“The FISER Group has grown significantly in the last few years and we are incredibly fortunate, across the business, in having a very talented and experienced team, across both our recruitment and consulting divisions. Management have identified some compelling areas for further investment and innovation and I very much look forward to working with them to help the business achieve its plans. I am very proud of the business we have built together so far and tremendously excited about our opportunities for the future.”

“The financial services industry has been through incredible amounts of change since we launched the business in 2010 and continues to re-invent and transform itself, in particular in response to digital opportunities and technology revolution in general. As we adapted our resourcing models to this changing climate and against some challenging market forces, we were delighted to grow our turnover in 2016 and we continue to recruit exceptional talent to facilitate our future growth.” Webster said.

The MBO team consists of Kirstin Duffy, Chief Operating Officer of The FISER Group; Emily Ayre, Managing Director of BRUIN Financial; Francesca Whiteley, a Partner in IBAM Consulting; Ellen Mulvey, Director and Head of Contracts, Temporary & Change at BRUIN Financial; and Kirsty Pineger, Director, Asset & Wealth Management at BRUIN Financial.

Previous CEO Robert Thesiger has left the company and moved to France, where his family is based.