Recruitment firm Sellick sells majority stake to European business services provider

Recruitment company Sellick Partnership has sold a majority stake to Samsic, one of Europe’s largest soft service providers.

The existing management team, led by founder and Managing Director Jo Sellick, will retain a significant stake and continue to lead the business, with Samsic taking on a strategic advisory role.

A leading player in the legal sector, Sellick also places Finance & Accountancy, HR, Actuarial, Procurement, Change & Transformation and Housing & Property Services professionals in permanent, temporary and locum roles in public, private and not-for-profit organisations across the UK. 

Jo Sellick said: “Sellick Partnership has enjoyed a sustained period of client and revenue growth and this deal reflects the work the whole team delivers to clients and candidates every day. Our success has been built on building a strong, tight-knit team with a great culture and Samsic shares our people-first approach, which has shone through in our discussions.

“Sellick Partnership opens the door to new sectors and markets for Samsic whilst we look forward to benefitting from its expertise in making strategic investments in businesses like ours and its track record supporting management teams to drive growth and business success.

“We are confident that the deal will be a springboard for accelerated expansion over time.”

Sellick Partnership was set up in Manchester in 2002 and has more than 100 employees across Manchester, Liverpool, Derby, Leeds, Newcastle, Stoke-on-Trent and London.

It reported a 24% increase in turnover to £49m for the year to February 2019.

Thierry Geffroy, President of Samsic Group and Gilles Cavallari, Vice-President of Samsic HR, said: “It is with complete confidence in Sellick Partnership’s team and all its collaborators that we will strengthen our position in core markets and will continue to successfully develop in the UK and Europe. This new alliance is the starting point of a great human adventure with Jo, Hannah and Ray, and will lead us all to meet the greatest and most interesting challenges.”

Samsic was founded in 1986 and is based in Rennes, France. It employs 90,000 people in 25 countries, generating a turnover of €2.6bn annually.