Acquisition of Akamai

RNS Number:3457S
Hexagon Human Capital PLC
15 April 2008


Date:                15 April 2008

On behalf of:        Hexagon Human Capital plc ("the Group" or "the Company")

Embargoed until:     1000hrs



Hexagon Human Capital plc

Acquisition of Akamai Financial Markets (UK) Ltd and Akamai Financial Markets
Executive Search (Dubai) Ltd


Hexagon Human Capital plc (AIM: HHC), the leading UK provider of senior interim
executive managers and a major provider of executive search services, is pleased
to announce the purchase of the business and assets of Akamai Financial Markets
(UK) Ltd and the entire share capital of Akamai Financial Markets Executive
Search (Dubai) Ltd (collectively referred to as "Akamai") from Hat Pin Plc for
consideration of �1 each.


Akamai is a specialist provider of executive search services to the
international financial services industry. Hexagon's strategy is to build an
international multi sector consultancy for the provision of leadership talent to
a broad customer base and Akamai fills an important gap in its portfolio. Akamai
has operations in the UK and in Dubai which provides the Group with an important
Middle East base; one of the fastest growing markets for Hexagon. The
acquisition will also provide the Group with a strong platform from which to
develop senior executive interim business in these markets.


For the 12 months to December 2007 Akamai had unaudited Net Fee Income of �4.3m
and Losses Before Interest and Tax of �0.4m. Net assets on completion will be
�nil.


Commenting on the Acquisition, Hexagon Chief Executive Jonathan Wright said:


"Akamai is an excellent fit with Hexagon's existing portfolio of businesses.
Akamai is a company I know well having hired the three senior Akamai Directors
into the business in the late 1990s when I was responsible for its operations as
Group Managing Director of the Alexander Mann Group. I believe under Hexagon's
stewardship, Akamai will be better able to realise its potential and will
complement the Group's existing search and senior interim management 
operations."


Enquires to:

Hexagon Human Capital plc                           Tel: 020 7337 1133

Jonathan Wright, Chief Executive                    www.hexagonhc.com

Carl Thompson, Finance Director

Brewin Dolphin Investment Banking (NOMAD)           Tel: 0845 270 8600

Matt Davis/ Alison Barrow

Redleaf Communications                               hexagon@redleafpr.com

Emma Kane/ Sanna Sumner/ Anna Dunkin                 Tel: 020 7822 0200


Notes to Editors:

-   Hexagon Human Capital is the market-leader in providing senior interim 
    executives;

-   The Group floated on AIM on February 2007;

-   It was established in 2004 by Jonathan Wright and Dr Swee Lip Quek with a 
    strategy to buy and build in the interim management and executive search
    sectors;

-   Hexagon has already built up a portfolio of profitable companies operating 
    in a variety of sectors:

-   Archer Mathieson Ltd: A leading UK provider of interim management and 
    executive recruitment in the specialist fields of finance, IT and human
    resources;

-   BIE Interim Executive Ltd: The market leading senior interim management 
    company;

-   Acumen: Provider of leadership talent to the management consulting and 
    advisory sectors;

-   Euromedica: Leading life sciences and healthcare executive search company 
    with operations in the UK, Benelux, France, Switzerland, Scandinavia and
    India;

-   Oxygen: Leader in the provision of leadership talent to UK and international 
    clients in the retail & consumer, retail financial services, industry, 
    business & professional services and real estate sectors; and

-   Roberts and Corr: Deliver board level search and HR consultancy to a number 
    of major companies in their specialist sectors.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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