Leathwaite has secured investment from Beechbrook Capital
Arrowpoint Advisory's Business Services sector team has advised Leathwaite, the global human capital specialists, on securing investment from credit fund Beechbrook Capital to accelerate their geographic expansion, launch new business streams and invest in proprietary technology. The investment will also provide equity to further nurture the firm's current talent whilst simultaneously providing a platform to attract new talent.
Formed in 1999 by partners Andrew Wallace, Martin Phillips, Neil Ejje and James Rust, Leathwaite employs a team of more than 100 professionals and is the firm of choice for many of the world's most innovative and ambitious companies for executive search, executive interim, managed project delivery, and data and insight solutions.
With offices in London, New York, Hong Kong and Zurich and a world-class reputation in Support, Enablement & Control Functions, Leathwaite possesses a truly international business model, and has successfully delivered projects across Europe, the Americas, Asia, Africa, the Middle East and Oceania.
Martin Phillips, the Founding Partner who led the deal with Beechbrook, commented: “The injection of growth capital demonstrates how committed Leathwaite is to the continued expansion of the business in the UK and internationally. Beechbrook's backing will help Leathwaite to achieve further momentum across several exciting initiatives, such as the launch of our new global tech business ‘The Pay Index’. Our team is key to the success of Leathwaite and this deal will enable us to continue to attract and retain the very best talent.”
Jon Herbert, Managing Director at Beechbrook, added: “We are delighted to have closed our investment into Leathwaite. We are very impressed with the calibre of the management team and look forward to supporting their growth initiatives, which build on the company's existing strong market position.”
Martin Phillips concluded: “This important milestone for Leathwaite has been achieved in no small part through the thoughtful guidance, expertise and support of the Arrowpoint Advisory team over nearly a decade, where they spent time really getting to know the management team. Their deep knowledge of the Recruitment sector allied with their grasp of our distinctive culture and the founders' priorities meant that Jeremy and the team at Arrowpoint Advisory were critical to securing the investment by Beechbrook.”
The completion of Leathwaite further reinforces Arrowpoint Advisory's position as Human Capital sector specialists, following on from the sale of the Shorterm Group to Growth Capital Partners and Livingbridge's investment in The Up Group.