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Aspire Global Network acquires Periscope

Aspire Global Network acquires Periscope

Aspire Global Network (formerly known as pfj) has further developed its vision by acquiring a majority stake in Periscope a leading specialist recruitment company serving the creative and design sectors. This is the groups third acquisition in as many years and marks another step forward in its vision of developing a global network of leading specialist recruitment companies. Aspire Global Network comprises pfj, The Graduate Recruitment Company, RPCushing, Sydney based ICUR and now Periscope.

"Periscope has been established over 13 years as one of the most professional recruitment companies serving the design and creative sector. Kim Crawford, the MD, is a terrific leader and just like our other acquisitions - RPCushing and ICUR - Periscope is a great fit for us with opportunities for growth both in the UK and abroad commented Paul Farrer, Chairman of Aspire Global Network.

Since our first acquisition in 2008 we have proved that we can integrate brands, help them manage in a recession and grow them quickly. Periscope has 13 years of heritage to build on and is clearly a premium brand in a crowded market. We look forward to working with the team and exploiting the clear synergies between our brands"

Kim Crawford, Managing Director of Periscope said, I am extremely proud of what Periscope has achieved over the last 13 years, identified by a clear standard of professionalism within the design and creative industries. We are thrilled to have the backing of the Aspire Global Network and I look forward to developing the business both in the UK and abroad taking advantage of working closely with all the brands in the group."

The new acquisition will take Aspire Global Network's headcount to 84, turnover to over 12m, Gross Profit to 9m and ebit to 1.6m with an on-going requirement for recruitment talent to join and play an active part in the further development of the network.

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