People: Ford recruits new partner
Recruitment specialist Stefan Ciecierski is teaming up with City veteran Ken Ford to create a new force in business services. He has accepted a paper offer worth £1.28 million for Nakama, a company he founded which specialises in recruitment in digital technology, from AIM-quoted Highams Systems Services, chaired by ex-Teather & Greenwood broking chief Ford, to create a new company, Nakama Group.
Ciecierski is to be chief executive of the enlarged company, where Nakama shareholders will have 41.4 per cent.
The deal will combine Nakama’s specialities with Highams’s technology, professional and business services to the insurance and financial sectors and give Highams’s clients access to Nakama’s fast-growing markets, notably Hong Kong and Australia.
Ford, who sold out of Teather & Greenwood for £2.2 million to Landsbanki three years before Iceland’s second largest bank collapsed, is convinced the timing is right for this latest deal. Formerly loss-making, Highams is now robustly profitable and, having first met the Nakama team last year, Ford is confident Ciecierski can deliver the goods.
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