Simon Swan Exits Hiring Hub After 14 Years
Portfolio - People | Jan 23, 2025 | Business Cloud
Simon Swan, the founder of Hiring Hub, a Manchester-based tech firm that connects businesses with recruiters, has announced his departure from the company after 14 years. Swan, who established the company in 2011, initially stepped down as CEO in 2023 after the firm secured a multi-million pound investment from MonacoSol, a European private equity fund. With Mark Rothwell now leading the company, Swan has decided to step away without a specific future job lined up, expressing his desire to explore new horizons. Despite feeling a mix of emotions, Swan is confident that the business is well-positioned under MonacoSol's leadership. Rothwell acknowledged Swan's contributions, emphasizing the positive impact Hiring Hub has had on boutique recruiters. The transition marks a new chapter for both Swan and Hiring Hub, as the company continues to evolve and adhere to its founder's mission.
Sectors
- Technology
- Recruitment
- Private Equity
Geography
- United Kingdom – Hiring Hub is based in Manchester, UK, which is central to the geographical context of the article.
- Europe – MonacoSol, the investing private equity firm, is described as a European entity, providing a European connection in the narrative.
Industry
- Technology – Hiring Hub is a technology firm that provides a platform connecting businesses with recruiters.
- Recruitment – The company specializes in connecting businesses with recruiters to identify top talent, placing it squarely within the recruitment industry.
- Private Equity – MonacoSol, a private equity firm, invested in Hiring Hub, influencing its ownership and strategic direction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Simon Swan | Founder | Person | Founder of Hiring Hub, stepping down after leading the company for 14 years. |
| Hiring Hub | Target Company | Company | A Manchester-based tech firm that connects businesses with recruiters. |
| MonacoSol | Private Equity Investor | Company | European private equity fund that invested in Hiring Hub. |
| Mark Rothwell | CEO | Person | Current CEO of Hiring Hub, succeeding Simon Swan post-investment. |