"...greater visibility of clients' requirements and more control over the workforce helps clients use staff more effectively. That's a very attractive package."
Terry Watson, Chairman, Staffline
Staffline
Sector |
Business Services |
|---|---|
Status |
Realised |
Deal Type |
Management Buy-in/BIMBO |
Provider of specialist blue-collar labour to industry, with particular expertise in food processing. Supplies between 4,000-5,000 temporary workers weekly.
ISIS funded a £20m BIMBO in July 2000 and helped the business create new, innovative strategies including on-site temporary staff management. Turnover grew from £28.7m to £48m prior to flotation on AIM in 2004.
"ISIS were excellent in supporting management through the strategic re-positioning process undertaken over the last 24 months. The AIM flotation was a highly successful process and they were also instrumental in achieving this objective."
Andy Hogarth, CEO
Timeline:
2000 £20m BIMBO
2004 Business floats on AIM
