Welcome to Lorien
Lorien is a specialist technology recruitment consultancy. Whether we are helping you find your next career move, advising you on a contingent vacancy or implementing a full outsourced recruitment solution our focus is on providing expert technology consultancy.
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Impellam Group acquire Lorien
Impellam, one of the UK’s largest staffing agencies, has acquired specialist IT recruiter Lorien in a multi-million pound deal. It was announced this morning that Impellam bought Lorien for an initial consideration of £22.3m in cash and £7.5m in new ordinary shares.
Julia Robertson, Chief Executive Officer of Impellam Group plc, commented: "The acquisition of Lorien is a significant step for Impellam and makes us the second largest staffing company in the UK. It has long been our ambition to develop a substantial presence in IT staffing, and I am delighted that Lorien, as a market leader in UK technology staffing, is now part of the Group. There are strong synergies between our businesses and an excellent cultural fit. Following our acquisition of Career Teachers in March, the addition of Lorien further broadens the scale and scope of the Group's activities, increases our base of recurring revenues in an attractive high growth market and balances our portfolio". Click here to read the complete RNS.
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