PBL Chefs acquired by Syft
Syft has acquired culinary recruitment agency, PBL Chefs. Operating across the hospitality sector with 600 chefs working at all levels, PBL Chefs provides staff to a range of brands, such as the Hurlingham Club, Delaware North and Mews of Mayfair.
The exact terms of the deal are not being disclosed publicly, though it consists of a cash and shares-based arrangement which involves all of the company’s current team joining Syft. It represents the first acquisition made by the London-headquartered firm.
PBL Chefs’ managing director and former chef, Phil Houlihan, joins Syft as chef director, heading the department which is responsible for close to 1000 chefs across the UK post acquisition. The deal represents a further expansion into the hospitality sector for Syft, which has to date raised £8.75m in funding from investors such as Creandum, PROfounders Capital, Lord Young, David Haye and others.
Launched in November 2015 by Jack Beaman and Novo Abakare, Syft operates in the hospitality, events and industrial sectors across London, the Midlands and the North.
Syft co-founder & CEO, Jack Beaman, said, “We are really excited to bring Phil and his team over to Syft. We have worked with Phil for a year, so we are confident in his skills and the chefs he has working for him. Phil’s clients and chefs love him and his team, and we plan to achieve a lot more success together. We are planning on investing heavily in chefs this year; our first priority is to ensure all the chefs we have get an increase in pay as well as the 200 perks all our workers at Syft benefit from.”
Houlihan added, “We have formed a great working partnership over the last couple of years, which has now been solidified as we aim to expand as one team. We share the same vision for how technology is changing the staffing industry and in particular driving up wages for workers. It was a big decision for me and wasn’t something I had considered, but after spending lots of time with Novo and Jack, it felt like the right thing to do. Everyone at PBL Chefs is very excited with what the future holds together.”
Pictured (left to right): Jack Beaman, Phil Houlihan and Novo Abakare