Private equity backed senior executive recruitment firm, Rowan Group has exceeded its GBP1m turnover target to year-ending December 31 2014.
The company is planning to appoint up to 10 new staff in 2015 to support further growth.
In the last year the company, which operates through its Rowan Finance and Rowan Partners divisions, invested GBP250k in a new Spinningfields operation, expanded its North West presence with a new office in Chorley, Lancashire and grew its staff to 14 people from seven.
Within the 12 months the company placed over 85 professionals, of which 30 joined ambitious SMEs and private equity backed businesses including DataCentred, Palletower, Verna Group and Worldwide Recruitment Solutions (WRS).
Within the appointments Rowan Finance, which specialises in senior finance professionals, placed 14 Finance Directors into SMEs of which the majority joined with equity participation or opportunities.
Paul Waite, Director at Rowan Finance, says: "This has been a watershed year in the growth of Rowan Group, we set very tough targets, all of which have been exceeded in terms of turnover, premises and staff. The next phase of the development has already begun in earnest, these are exciting times."
"As a PE-backed company we are in an enviable position to assist like minded SMEs when enhancing their executive leadership teams," says David Anwyl, Director of Rowan Partners. "We are delighted that our reach into PE and VC companies continues to grow year-on-year."
The Rowan Group is focused on the identifying, evaluating and selecting high calibre individuals for ambitious SMEs in the North West, with Rowan Partners delivering executive search solutions at board level and Rowan Finance specialising in senior finance professionals.
