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UK - Assist Recruitment merges with HC Recruitment

28 September 2011

Liverpool-based commercial and industrial staffing firm Assist Recruitment has completed its merger with HC Recruitment. Both businesses will trade under the Assist Recruitment brand.
Both Assist and HC provide temporary staff to blue and white collar sectors and work with brand names such as Morrisons Supermarkets, JD Sports, Next Directory, Music Magpie, Greggs the Bakers and Findel Education.

The combined business will have a turnover in excess of 45 million Pounds per annum and provides up to 6,000 temporary workers from 16 branches and 20 embedded customer locations from Scotland to London and the South East.
Dave Dargan, Managing Director of Assist, commented "this is a fantastic step forward for our company, our combined business is now one of the largest industrial recruiters in the UK, which presents some exciting opportunities for our customers and our staff. We have always prided ourselves on being different from our competitors which is a value shared by the team at HC which will help us continue to provide our customers with unique, cost-effective and compliant solutions for their staffing needs."
Matt Cullen, Managing Director at HC, added "joining forces with Assist is another example of our commitment to continually improving our business and providing a unique service offering to our customers. Our combined experience, innovative IT platform and ability to support our customers nationally, will provide some great opportunities for us to develop new and existing relationships with our customers."
RBS Invoice Finance has provided a 9 million Pounds invoice discounting line to fund the merger and provide further cash injection for the on-going working capital requirements, most notably to support the seasonal trading peaks around the Christmas period.

Exact deal metrics were not made available.


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