JD Sports chairman invests in recruitment specialists
The size of the investment has not been disclosed, but is said to be substantial.
A member of the Virgin Sunday Times Fast Track Top 100 for the last two years, Uniting Ambition has recently secured £3.2m of growth capital from Centric, to help support a 100% expansion in headcount and the launch of new service lines for both existing and future customers.
Founded in Staffordshire, the company, whose customers include Just Eat, Laterooms.com, Claire’s Accessories and Bet 365, has grown its offices in recent years to London, Manchester, Birmingham and Leeds.
Peter Cowgill said, “I am delighted to be investing in Uniting Ambition at such an exciting period. This is a time of great change in the recruitment sector. With its current services and its strategic expansion plan, Uniting Ambition is well placed to expand its role in the sector.
“Furthermore, with growing confidence in IPOs and capital markets, the company is well positioned with its services to capitalise on the emerging growth in the domestic economy.”
Adam Shaw, founder and CEO at Uniting Ambition said: “I’m delighted that someone of Peter’s calibre and reputation has identified Uniting Ambition as a strong investment.
“The recruitment market is buoyant, creating a huge opportunity for us. Working alongside some of the UK’s best performing, up and coming brands Uniting Ambition is perfectly positioned to capitalise on this and accelerate growth not only for our business but for our partners’.”
Peter Cowgill’s investment in Uniting Ambition comes at a time of major developments at the company. New appointments to the board include investment specialist Brian Buckley, who will support the business in achieving its acquisitive growth plan. In February of this year Andy Leadbetter, the former MD of Moneysupermarket.com and Phones 4u Direct joined the group board as Chief Operating Officer bringing expertise across enterprise operations, technology, digital services and business transformation.