The transaction safeguards the roles of 20 staff and over 200 contractors, enabling the business to continue its ambitious plans for growth and innovation.
Since its inception, Magnus Search has built a strong reputation for its early adoption and use of recruitment technology, delivering specialist workforce solutions to clients across a range of sectors including warehousing, logistics, aviation, and legal.
The business is well-regarded for its deep industry expertise and its ability to meet the evolving needs of blue-collar industries through a technology-led approach.
The sale will provide Magnus with the backing and resources of Meraki Capital to drive significant investment in technology and automation, further strengthening its market position and enhancing the services it offers to clients and contractors alike.
Jimmy Saunders, Managing Director at KR8 Advisory, commented:
“Magnus Search is a dynamic and innovative recruitment business, and we are delighted to have played a part in securing its long-term future. With Meraki Capital’s support, Magnus is well placed to continue its growth trajectory and lead the way in tech-driven recruitment solutions.”
The engagement involved complex multi-lender negotiations, successfully managed and delivered by the KR8 Advisory team.
This transaction marks KR8 Advisory’s second successful recruitment sector sale in recent months, reinforcing the firm’s position as a market leader in this space.
