Top Track 250

This Newcastle-based recruitment group has 15 offices across Europe, America, Asia and Australia. The group’s rapid growth overseas followed its buyout by TPG Growth in 2016 — the private equity firm acquired a majority stake in a deal reportedly valuing the company at just under £200m. Sales rose 26% to £227.9m in 2018, under chief executive James Lloyd-Townshend, 46.

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Company details
CompanyFrank Recruitment Group
ActivityIT recruitment consultancy
LocationNewcastle upon Tyne
Sales £m227.9
Operating profit £m14.3
Main shareholdersTPG Growth (70%), management (30%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda