Specialised recruitment agency focused on placing temporary staff into the industrial and commercial sectors. The business’ main area of expertise is providing staffing solutions into the warehousing, distribution and production functions within these sectors.
The business operates as a Recruitment Process Outsourcing (“RPO”) business, providing a full suite of recruitment services to its customers. The business is responsible for up to 100% of all recruitment for the specified functions for its major customers.
The business prides itself on its exceptional customer service, which is evidenced by the long-standing relationships it has with its major customers, many of whom have been partners since the business’ inception.
The shareholders have stepped away from the business and now have minimal input into the operations, with the senior managers now responsible for the running of the business. The senior managers all intend on remaining with the business post transaction.
Offers invited.
Key Highlights
- The business is an established key player in the growing temporary staffing solutions market.
- Has built a strong, loyal customer based including publicly listed companies. The relationships with its major customers are long-standing, with the majority of customers having worked with the business for over a decade.
- Each major customer provides repeat revenue, which when combined with the embedded nature of the relationships with the customers, creates a strong foundation for future growth.
- In an excellent position to pursue the next stages of growth through leveraging the growth of existing customers and through winning new customers, which can be accelerated with new ownership.
- Relocatable
Financial Highlights
- Turnover of £4.5m in FY23 with an adjusted EBITDA of £429k.
- Business is currently tracking to achieve turnover of £4.9m in FY24 with an adjusted EBITDA of £590k.
The sale of this business is being represented jointly by KBS and our sister company, Quantuma Advisory.
