RGH buys Heat Recruitment’s UK business to grow financial services hiring

Resource Group Holdings Plc has acquired Heat Recruitment’s UK operation from Eden Rose, adding a Bristol-based financial services recruitment team to its network. The deal expands RGH’s specialist presence in wealth management, IFA and broader financial services, while keeping the existing team in place.

Why it matters: - The deal expands RGH’s UK financial services recruitment footprint with a specialist team and an established Bristol office. - RGH gains deeper coverage in wealth management, independent financial advice and related hiring markets. - Clients and candidates get access to RGH’s wider technology platform, resources and international reach.

What happened: - Resource Group Holdings Plc acquired Heat Recruitment’s UK operation from Eden Rose. - The transaction adds Heat Recruitment’s Bristol office and financial services recruitment team to RGH’s UK network. - Heat Recruitment will rebrand as RGH. - Alex Russon and the existing team will remain in place.

The details: - The Bristol team handles permanent and contract contingency recruitment. - Its focus spans Wealth Management, Independent Financial Advice and the wider Financial Services sector. - RGH said the acquisition builds on its existing financial services business. - Justin Madgwick, Co-Founder and Global CEO of RGH, said the acquisition strengthens the group’s base for growth and connects the team to RGH’s technology, resources and international network. - Alex Russon, Divisional Director at Heat Recruitment, said clients and candidates will continue working with the same team, now supported by RGH’s wider network. - Robert Webb, owner of Eden Rose, said the move creates new opportunities for the team to grow and develop.

Between the lines: - The acquisition fits RGH’s strategy of buying complementary specialist businesses and supporting them through shared capability and scale. - RGH is using acquisitions to build a broader platform across HR, recruitment and workforce solutions. - The integration of a specialist local team into a larger international group suggests RGH is aiming for cross-border reach without changing frontline client relationships.

What's next: - Heat Recruitment will complete its transition to the RGH brand. - The Bristol team will continue serving existing clients while tapping into RGH’s wider resources. - RGH said it expects the deal to create new opportunities for the team and broaden support for clients in the UK and internationally. - RGH signaled that more growth could come from similar strategic, tactical, asset and talent acquisitions.

The bottom line: - RGH is adding a specialist financial services recruitment platform in Bristol while keeping the team intact and using the deal to accelerate its expansion strategy.

More information is available at resourcegroupholdings.com and on RGH on LinkedIn.