IN BRIEF: Empresaria sells off Japanese IT staffing agency Skillhouse

Empresaria Group PLC - Crawley, England-based specialist staffing group - Sells its 90% interest, held via its wholly owned subsidiary Interim Management International Ltd, in Skillhouse Staffing Solutions KK to Mark Smith for around £940,000 cash. Smith is the current managing director of Skillhouse. Empresaria will receive deferred consideration, worth 80% of Skillhouse’s pretax profit over 2026 and 2027, subject to a minimum £94,000 for each financial year. Skillhouse operates in Japan and is a staffing agency specialising in recruiting for IT roles. The sale is part a previously announced strategy to exit smaller operations in markets or sub?sectors where no further investment is planned. Proceeds will be used for working capital. Gross assets sold at December 31 were around £2.4 million and Skillhouse generated a pretax profit in 2025 of around £250,000.

Current stock price: 21.00 pence

12-month change: down 16%

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