Two Leeds-based firms, Fruition IT and Fruition Consulting, have secured private equity support from Irish firm Erisbeg to facilitate their global and domestic expansion. Fruition IT helps organisations with high-level technology recruitment while Fruition Consulting provides technology consultancy services. Fruition IT sources top tech talent for notable tech giants, FTSE 100 companies, and startups, with clients including ASDA, Flutter Entertainment plc, and TransUnion. The businesses are looking to increase their internal team by 60%, adding 20 specialists over the next 12 months. Furthermore, Fruition made an organic turnover of £51.4m in 2022, demonstrating its ability to help clients build and grow their technology teams, amongst other services.
The two companies will work with Eolas, a technology recruitment firm also acquired by Erisbeg. “I am delighted with the investment and looking forward to our growing partnership with both Erisbeg and Eolas,” said Sarah Pawson, the director of both Fruition IT and Fruition Consulting. Erisbeg co-founding partner, Thomas Davy, expressed excitement at the partnership. Fruition will be a great addition to Erisbeg’s portfolio, a real asset to our IT recruitment brand Eolas,” he said.