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Investigo and Swift Technical Group have been named as two of the “hottest” firms in a list of the UK’s fastest growing 100 mid-sized private companies. The list, compiled by Real Business and Investec from data filed at Companies House, reveals that the companies collectively achieved an average compound growth rate of 35% over the past four years and an average turnover of £211 million in their last financial year.
Investigo which came 45th in the list is a London based specialist Financial Services, Management & Consulting recruitment agency, while Swift (81st) is an Enfield-based Oil and gas recruiter.
Robert Morton, head of support services research at Investec, said: “The recruitment sector has come through one of its toughest periods with the economic downturn generally hitting profitability in the sector hard. However, even in tough times strongly-managed companies can prosper and it is a testament to the quality of management that a number of recruitment companies have made it through to the list. A strong management team and specialisation in the industry can lead to strong growth, whatever the background as evidenced by the recruitment companies in this sector.”
The full report on the UK’s Investec Hot 100 can be seen at www.realbusiness.co.uk.