LONDON (ShareCast) - (Sharecast News) - Staffing specialist Empresaria acquired a further 17.5% interest in ConSol Partners on Thursday, taking its total investment in the business to 82.5%.
Empresaria bought the shares for £3.5m from management shareholders, including directors Graeme Hubert and Marc Cohen. The consideration will be funded from the group's existing bank facilities.

The AIM-listed company said ConSol had "performed well" since joining the group and delivered on its expectations. Empresaria also said that the investment reflects its commitment to its core sectors, where it sees high growth potential.

Chief executive Rhona Driggs said: "Operating in one of our core sectors, we see great potential for this business and as such we have continued to invest in the business post-acquisition; launching a sub-brand, 4ward Talent, opening a new office in Austin, Texas and now acquiring an increased stake in the business in line with our long-term policy."

As of 0845 BST, Empresaria shares had picked up 2.12% to 70.97p.

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