Pictured: Tom Gray
Tom Gray of Actons corporate team has advised Nottingham-based
recruitment company Blusource on the merger of its financial
business with accountancy recruiter Raynorwest. The joint venture
with Birmingham-based Raynorwest will be branded Blusource
Accountancy.
The new finance division will cover all levels and disciplines
in professional practice firms and in-house tax.
Blusource's recruitment arm employs members of staff for
companies within the legal, finance and banking sectors from
offices in Nottingham and Birmingham.
After the merger has been completed, Greg Emmerson will be
promoted to partner for the East Midlands and Marie Weston will
join as managing partner.
Weston will spearhead the growth of the accountancy arm's two
new sub-divisions Blusource Tax and Blusource CF - a recruiter for
the corporate finance sector.
Andrew Springhall, chief executive of Blusource: "The scale of
Blusource's operation gives the newly formed company the
opportunity to further improve the relationships and services
offered to firms across the region, whilst maintaining the
independence and flexibility that our clients value.
"Blusource Accountancy will build on what Raynorwest and
Blusource has successfully been a part of for many years;
continuing to support and develop the local business communities
with regular events and sponsorship."
Tom Gray of Actons commented "Bringing the Raynorwest business
together with the existing Blusource finance division raised a
wealth of legal and structural issues. However the enlarged
business presents an excellent combined offering for the Midlands
that will undoubtedly be a market leader moving forwards."
Blusource was established by Springhall in 2008 when he said his
vision was to create a "superior professional search and selection
business across the region". Blusource continued its expansion and
opened its Birmingham office a year ago.