News & business intelligence for recruiters FILTER BY ... News More acquisitions on the way for Jarell Group as it builds up to flotation MORE ACQUISITIONS ON THE WAY FOR JARELL GROUP AS IT BUILDS UP TO FLOTATION 23 November 2017 Jarell Group’s acquisition of specialist social care recruiter Aurora Resourcing is just the first of many more as it builds up to a flotation in 2020, the group’s commercial director has told Recruiter. James Cronin told Recruiter that the group planned to do “three or four acquisitions each year” up to 2020, by which time he expected group turnover would double to £100m. Cronin said the group also planned to open a European arm in January through a joint venture with a recruitment company in Romania. The group’s strategy of a combination of organic growth and acquisitions has seen a more than six-fold increase in its sales in the last four years. The group currently employs between 60 and 70 staff, said Cronin. Cronin said the acquisition of Aurora Resourcing fitted in perfectly with its strategy of moving into increasingly niche sectors. Social care was particularly attractive because of the UK’s “ageing population and understaffed marketplace”. The company said it expected the deal would boost group turnover by in excess of £3m. Richard Sobol, CEO of Jarell Group, said he was confident Aurora “will make a great addition to our business” and “enable us to firmly establish our social care offering and provide seamless entry into new markets, which have the potential to provide future growth opportunities”. The deal was completed on 6 November. The acquisition is Jarell Group’s third in the past 18 months. In 2016, it acquired Qualtech Resourcing, followed 12 months ago by specialist pharma recruiter Capital Pharma. It has also entered into a joint venture with Huddersfield-based technical, engineering and manufacturing recruiter Go Resourcing. • Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is recruiter.editorial@redactive.co.uk RELATED CONTENT APPOINTMENTS: 22-26 NOVEMBER 2021 This week’s appointments include: Bis Henderson Group, Forsyth Barnes, Heidrick & Struggles, Leathwaite, Promedica24, VIQU PEOPLE 22 NOVEMBER 2021 Good news on the jobs horizon across all sectors in the UK UK independent parcel carrier Yodel is looking to recruit 4,311 new colleagues as the business prepares for a busy festive period. 22 OCTOBER 2021 Baltimore Consulting appoints Renison FD Bristol-based recruiter Baltimore Consulting has appointed Phil Renison (pictured) as finance director. Renison will also join the board of directors. PEOPLE 28 SEPTEMBER 2021 Government and companies create jobs across the UK A record £650bn infrastructure investment will support 425,000 jobs a year, according to a new Infrastructure Pipeline. 16 SEPTEMBER 2021 REC INSIGHTS Legal Bulletin - Nov/Dec 2021 New Director of Labour Market Enforcement appointed In your corner: REC Campaigns and Policy news - 18 November 2021 FOLLOW US RECRUITER LINKEDIN PROFILE RECRUITER TWITTER DIRECT TO YOU SUBSCRIBE ADVERTISE 2021 MEDIA PACK Contact us Advertise Terms & conditions Privacy policy © 2021 Redactive Media Group Top