Darwin Rhodes Group Limited
Location - London
Sector - Recruitment
Type - Equity Release and Growth Capital
"The additional capital from YFM will be used to expand Darwin Rhodes' unique model, organically and through acquisition, to other industries and geographies. We have a track record of successful expansion during all stages of the economic cycle and our board and investors are confident that Darwin Rhodes Group will continue to build on this success over the coming years." Peter Dunphy, CEO
Darwin Rhodes is an international recruitment firm specialising in the actuarial, insurance and compliance markets. The business is currently expanding its network of offices across Asia, eastern Europe and the US. The recruitment firm's broadly spread revenue base consists of a portfolio of blue chip multinationals including HSBC, AIG, Lloyd's, PricewaterhouseCoopers LLP, Prudential plc and UBS Investment Bank.
YFM Funds backed Darwin Rhodes in a £1.7m investment, backing a successful and established management team.
David Gee, Investment Director, YFM commented: "I am confident Peter and his team can build on their success to date and look forward to working with them to help them achieve their ambitious plans for further growth."