Future Build Recruitment announces majority shareholding acquisition by Hercules Site Services
Future Build Recruitment is delighted to confirm a majority shareholding acquisition by Hercules Site Services a Construction labour supply company based in Cirencester, founded by Brusk Korkmaz in 2008.
Future Build directors Simon Yates and Richard Smith said: “We are delighted to be joining this ambitious company as it delivers its long-term growth strategy. By joining our two extensive client portfolios we will be able to provide both white-collar and blue-collar recruitment services, creating a significant platform for growth, exciting opportunities for our internal team and adding value to our combined customers and shareholders.”
Hercules chief executive Brusk Korkmaz said: “The acquisition of Future Build represents a major milestone for Hercules as we continue to deliver on our strategy. When we floated on AIM in February 2022, we stated our intentions to grow organically and through acquisitions which broaden our capabilities, accelerate growth and enhance our core offerings. Having tested the market opportunity in white-collar recruitment through organic growth initiatives, this deal expands our footprint in the white-collar recruitment market by bringing a highly regarded business and team into the company.
“I believe that Future Build will prove to be an excellent addition to the company and that this move will be beneficial to both Hercules’ and Future Build’s clients who will now be able to fulfil both white-collar and blue-collar recruitment opportunities through the same provider. It also means that the Future Build team will benefit from more exposure to the infrastructure market, which is expected to grow substantially over the next 15 years.”