The Board of Huntress are pleased to announce that Barclays Ventures has acquired a substantial stake in the company reflecting their high level of confidence in the business and the recruitment sector. Barclays Ventures is now a significant shareholder in Huntress alongside Nomura and management.
The backing of Barclays Ventures is a significant milestone for the company and has encouraged the board to consider their own priorities. Gary Laurence has decided that this is a good opportunity to step back from his position as CEO of Huntress with immediate effect.
Stephen Ross (Chairman) commented I would like to thank Gary Laurence for his invaluable contribution in founding and building a highly respected business and wish him well for the future. We are extremely pleased to have Barclays Ventures on board as a significant shareholder and are confident that this backing provides a strong platform to develop the business further.
Huntress is a leading white collar recruitment company providing recruitment services to SMEs and Blue Chips, including a significant number of FTSE100 companies, in the areas of Commercial, Technology, Accounting and Finance and Financial Services staff. Huntress was established in 2000 and achieved revenues of £85m in 2008.
