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de Poel celebrates record performance post-MBO

Leading independent recruitment outsourcing specialist, de Poel, is celebrating delivering a period of record performance, since being acquired in a multi-million pound management buyout.

Founded in 2001, Cheshire-headquartered de Poel delivers cost-effective, quality-driven solutions to transform the engagement and management of an organisation’s non-permanent workforce. Its clients span the NHS, public sector and some of the best-known privately owned brands.

In September 2016, after managing a period of significant growth for the business in the health and care market, group MD Andrew Preston and the management team acquired a majority stake in the business from the previous owner and founder, and Andrew assumed the role of CEO.

With a strong focus on supporting de Poel’s further expansion and the continued development of products, technology and sector-specialisms, Andrew has a track record spanning 20 years of successfully growing and developing various health businesses, FTSE 100 companies, PLCs, Private Equity-backed and owner-managed recruitment organisations.

At group level, there has been a strong focus on growth, innovation and delivering added value – resulting in a year-on-year increase. 2015 to 2016 has seen record revenue of almost three quarters of a billion GBP. 2015 to 2016 EBITDA has also seen record performance, with an increase of 40% YOY to c£8m. 2017 continues to show strong performance, and again will see record delivery in revenue and double-digit EBITDA growth.

This is being supported by a renewed focus on quality of approach and high performance culture, underpinned by continually retained ISO 9001, 1401, 27001 and Investors in People accreditations.

Andrew Preston said, “With an established reputation of 16 years, de Poel was the original trailblazer in the temporary recruitment market to offer a truly vendor neutral solution.

“Since taking the reins last year, it is hugely encouraging to see de Poel delivering record performance – not only in revenue terms but as a market-leading company and great place to work, moving forward in its next stage of evolution.

“Our focus now is to continue to grow our leading position and build on these positive results, to ensure we remain on top for years to come.”