Ambit Recruitment acquires Resources 6

Stan Beer
Thursday, 07 December 2006 12:29

IT People - Recruitment

One of Australia's big four technology recruiters Ambit Recruitment, has added to its Perth office with the acquisition of small Alphawest subsidiary Resources 6 Pty Ltd.

Specialising in recruitment and contracting for Engineering and Information Technology personnel, the value in Resources 6 lays in its high profile preferred supplier list, which includes Alphawest, The WA Government and the Water Corporation.

The sale will add $10 million per annum in revenue to Ambit and represents a strategic acquisition in fast-growing Perth, a market that Ambit believes will be a key driver of growth over the next 10 years in both Engineering and Information Technology recruitment.

Peter Acheson, CEO of Ambit Recruitment, however, admitted that Resources 6 is only a small recruiter and declined to comment about how many consultants the acquisition will add to the Ambit stable.

"Resources 6 is a small recruiter with about 70 contractors," said Mr Acheson. "The majority of the business is in Perth - we're already number one in Perth. This puts a gap between us and number two. Alphawest divested itself of Resources 6 because it isn't core business.

"Our acquisition of Resources 6 will further strengthen our position in the Perth marketplace and grow our revenue towards our long-term growth targets."

"The acquisition will also enable a range of benefits to be realised by existing Resources 6 clients and contractors through increased access to a larger recruitment infrastructure, leading edge technology and innovative human management products available through Ambit Recruitment," said Mr Acheson.