Spotting a niche in the market for outsourcing and offshoring, and drawing on their experience in the field, Tim Lloyd and Rick Simmonds founded their London company in 2002. They claim to work with 40-50 clients each year, including government agencies and a range of FTSE 100 businesses. The company has been keen to expand, amalgamating with an American consultancy in 2005 and opening a Paris office in January, and now claims to have more than 100 consultants in Europe and North America. Sales grew 74% a year from £1.2m in 2004 to £6.1m in 2007.
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