Hill Dickinson’s corporate team has advised financial recruitment firm Watson Moore on its merger with Axon Resourcing. The two financial recruitment firms have merged to create a business with a combined turnover of £13.5m and six offices across England.

The newly enlarged firm, which also posted earnings before interest, taxes, depreciation and amortisation (EBITDA) of £1.1m in 2014, also reported that turnover and EBITDA have risen by a further 20 per cent in the first half of 2015.

The company now has a team of 57 members of staff.

The business will be led by David Moore as executive chairman and Andrew Edwards as managing director. Virginia Mellers will be operations director and Derrick Watson will spearhead the newly formed national CFO practice. Eric Tomlinson will oversee the further rollout across new locations of the public sector practice.

Quoted in Insider, Edwards said: "This is an exciting move which brings together two businesses with a very similar cultural outlook and values. With a truly nationwide presence and some highly experienced recruiters, we have a superb platform for further growth."

Moore added: "This is the right time to grow a people centred specialist recruitment business that puts customer service at the heart of its strategy."

The deal was facilitated by Hill Dickinson corporate partner, Ian Gillis and corporate associate, Mercy Mba.

Watson Moore has offices in Manchester, Leeds and London, while Axon Resourcing has bases in Wolverhampton, Castle Donington and Warrington.