Wednesday, December 4 2024

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Expansion for Fawkes & Reece following acquisition.

Fawkes & Reece has confirmed the acquisition of Southampton based Alltek Limited amidst national growth and expansion plans. Alltek have been providing permanent and freelance recruitment solutions within the construction sector as a regional specialist since they were founded in 2003. The transaction is Fawkes & Reece’s first acquisition and forms part of its strategy of establishing a stronger geographical footprint in the UK. The Fawkes & Reece Group now has over 75 staff focused on Southern England, providing full recruitment support to all construction professionals from site operatives through to senior and executive appointments. 

“The construction sector has been challenging over the last couple of years, but we are committed to a growth plan and to strengthen our presence in the South in order to support our clients,” said Ray Connolly, founder of Fawkes and Reece. “We are fortunate to work with a brilliant customer base and we are looking at the longer-term strategy with which this acquisition fits perfectly. It allows our London team to focus on our customers there and we can now fully support the same organisations further afield across the South and South West.

“Alltek have always been a great regional business,” Connolly continued. “Both our companies are of a similar age and share the same values as a result of partnering with key clients. I am pleased to welcome Paul Bebbington to the Fawkes & Reece Group and I’m looking forward to working with him and his team as we develop the businesses further. The combined resources and extensive candidate base will benefit the Alltek team and customers, but in tandem see Fawkes & Reece’s customers benefit as a result of us having a local presence and a team which has a proven track record and an established regional network.”

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Bruce Tyrrell founder of Alltek commented: “Alltek has a proud heritage of integrity and from the moment I met with Fawkes & Reece I could see the value they would add to Alltek and how the customers and our team would benefit. It’s a nice feeling to know that after 17 years of hard work the Fawkes & Reece Group will take the Alltek business even further through their vision and a collective strength across the South.”

The Fawkes & Reece group now have over 75 staff based in their London and Southampton offices, providing full recruitment support across the Major Projects, Building, Rail & Infrastructure, House building and Facilities Management sectors. 

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